Tag: XAU Index

Gold Stocks Reinforce Bearish Outlook; Overall Drop into March 7 – 9 Expected… Price Action Confirms Late-Jan. Sell Signals. 02/17/18 Weekly Re-Lay: “Gold & Silver rallied sharply after fulfilling daily cycles that projected a low around Feb. 9, the latest phase of a ~60-degree/2-month high-high-low-low-low-(low) Cycle Progression. Gold remained positive throughout that correction, dropping right to its retracement target – […]

Gold Stocks Fulfilling Textbook Signal; Jan. Peak Reinforces Bearish Pattern… Projected Drop into March 5 – 9 Unfolding. 02/10/18 Weekly Re-Lay: “Gold & Silver have dropped sharply after Gold reached its ~2-month upside target (1365.8/GCG, 1370.0/GCJ) & Silver turned its weekly 21 MAC down on Jan. 25 – 26.  That was expected to trigger a 1 – 3 week correction, […]

Gold & Silver Fulfilling Downside; Gold Stocks (XAU) Remain Weakest… Sharp Drop into March 5 – 9 Projected. 02/07/18 Weekly Re-Lay Alert: “Gold & Silver have dropped sharply after Gold reached its ~2-month upside target (1365.8/GCG, 1370.0/GCJ) & Silver turned its weekly 21 MAC down on Jan. 25 – 26.  That was expected to trigger a 1 – 3 week […]

Silver Confirming Jan. 26 Sell Signal; Gold Stocks Reinforce Underlying Weakness… Sharp Drop into March 5 – 9 Likely. 02/03/18 Weekly Re-Lay: “Gold, Silver & the XAU validated the outlook for a multi-week corrective phase.  Energy markets are also nearing a critical peak… Gold & Silver reversed lower immediately after Gold reached its ~2-month upside target (1365.8/GCG, 1370.0/GCJ) & Silver […]

Gold, Silver & XAU Fulfill ~2-Month Targets; Validate Late-Jan. Cycle Peak… Set Stage for Sharp XAU Sell-off. 01/31/18 Weekly Re-Lay Alert: “Gold & Silver have pulled back – with Gold twice neutralizing its daily uptrend – after both metals surged into late-Jan. and fulfilled upside objectives in time & price with Gold attacking its 1 – 2 month upside objective […]