Tag: XAU Index

Gold Forming Resistance; Silver Poised for Rally into ~June 14. 05/26/18 Weekly Re-Lay: “Gold & Silver are rebounding after bottoming during the latest phase of an 11-week & 22-week low-low-low Cycle Progression.  It would take a daily close above 1307.2/GCM to give a more convincing sign of a multi-week low taking hold. On an intermediate basis, both metals could see […]

Silver Reinforcing Case for Rally into ~June 14; XAU Concurs. 05/23/18 Weekly Re-Lay Alert: “Gold & Silver are trying to rebound after bottoming during the latest phase of an 11-week & 22-week low-low-low Cycle Progression…Along with Gold, Silver could see an overall advance into June 11 – 15 (+ or – 1 week) – the latest phase of a 20-week […]

Gold Projects Rally into June 11 – 15 (Lower) High; Silver Stronger. 05/19/18 Weekly Re-Lay: “Gold & Silver sold off in line with daily cycles (peak on May 11) and the daily & weekly 21 MARCs.  Gold turned its weekly trend down in the process (Silver & the XAU did not follow suit) – even as it dropped into the […]

Silver & XAU Increase Odds for May 14 – 18 Metals’ Decline. 05/12/18 Weekly Re-Lay: “The XAU has rebounded and turned its daily and intra-month trends up as it fulfilled projections for a rally back to 84.67 – 84.75 – where the XAU had dual weekly LHR levels (weekly extreme upside targets) converging, just above intra-year downtrend resistance at 84.57/XAU. […]

XAU Projects Bounce into May 11/14.  Watch 84.57/XAU. 05/05/18 Weekly Re-Lay: “Gold & Silver remain stranded in multi-month periods of congestion with Gold still trading in the upper 20% of its 4+-year trading range.  That remains a bullish factor for the longer-term trend. On an intra-year basis, however, Gold has dropped back down to the bottom 20% of its 4-month […]