Tag: XAU Index

06/01/22 Weekly Re-Lay Alert – “Gold & Silver pulled back after reversing their daily trends up as Silver spiked higher into this week, the latest phases of corresponding ~6-week & ~12-week high-high-(high) Cycle Progressions.  If a 1 – 2 month low is intact, however, this latest high could be shorter-lived and give way to a new rally sooner. The recent low had Gold completing […]

05/28/22 Weekly Re-Lay – “Gold & Silver reversed their daily trends up as they rebound from cycle lows on May 13/16… The recent low also had Gold completing its third consecutive, 9 – 10-week decline without turning its weekly trend down – a reflection of wave equality. On a 1 – 3 month basis, that is constructive – showing that Gold has fulfilled […]

05/25/22 Weekly Re-Lay Alert – “Gold & Silver have reversed their daily trends up as they rebound from cycle lows on May 13/16 and project the next 1 – 2 week top for May 31 – the latest phase of the ~6-week/~42-day low-low-high-high-(high) Cycle Progression that helped pinpoint the March 7 and April 18 peaks.  In the case of Gold, that would also represent a 50% rebound […]

05/21/22 Weekly Re-Lay – “Gold & Silver are attempting to rebound after fulfilling expectations for a ‘c’ wave decline, triggered after cycles peaked on April 18 (fulfilling the ~6-week/41 – 42-day low-low-high-(high) Cycle Progression that projects a future high in late-May) and projected a second intermediate decline. Looking ahead, the April 18 highs validated the next/future phase of both the ~6-week and the overriding ~12-week cycles – converging […]

05/18/22 Weekly Re-Lay Alert – “Gold & Silver fulfilled expectations for a ‘c’ wave decline after peaking on April 18/19 and fulfilling the latest phase of the ~6-week/41 – 42-day low-low-high-(high) Cycle Progression that projects a future high in late-May.  The action of the coming weeks should help determine what to expect through 3Q ’22. The April 18 highs reinforced the next phase of both the ~6-week and […]

05/14/22 Weekly Re-Lay – “Gold & Silver are fulfilling expectations for a ‘c’ wave decline after peaking on April 18/19 and fulfilling the latest phase of the ~6-week/41 – 42-day low-low-high-(high) Cycle Progression that projects a future high in late-May. The April 18 highs reinforced the next phase of both this ~6-week and the overriding ~12-week cycles – converging in late-May.  (Ideally, the intervening decline would last 26 – […]