Tag: XAU Index

Gold Triggers Add’l Buy Signal; Quick Surge into early-June Likely… XAU Remains Under Pressure. 05/24/17 Weekly Re-Lay Alert:   “Gold & Silver remain strong after pulling back & fulfilling the downside objectives for a multi-week decline… while bottoming on May 8–12th & precisely fulfilling a 20-week high-low-(low) Cycle Progression in Silver (related to the 19-week cycle in XAU).  That low […]

Gold & Silver Trigger New Signals; XAU Tests & Holds Resistance… New Decline in Gold Stocks Likely. 05/20/17 Weekly Re-Lay:   “Gold & Silver rallied sharply after pulling back & fulfilling the downside objectives for a multi-week decline… while bottoming on May 8–12th & precisely fulfilling a 20-week high-low-(low) Cycle Progression in Silver (related to the 19-week cycle in XAU). […]

Gold & Silver Bullish; Gold Stocks Test Resistance… New XAU Decline Likely. 05/17/17 Weekly Re-Lay Alert:   “Gold & Silver rallied sharply after pulling back & fulfilling the downside objectives for a multi-week decline following Silver’s weekly Turn-Key Reversal & 2 Close Reversal sell signals triggered on April 21st. Those signals projected drops into May 8–12th, combining with a 20-week […]

Silver Perpetuates Trading Range; 16.00/SI Support Attacked… New Rally Taking Hold. 05/10/17 Weekly Re-Lay Alert – ‘Silver & the 2.50 Point Range Trading – II’:   “Silver continued lower into its 20-week high-high-high-low-(low) Cycle Progression, that projected a sharp drop into May 8–15th.  In doing so, Silver dropped right to its 2017 low and within a few points of 16.000/SIN […]

Gold, Silver & XAU Attack Support; Downside Targets & Cycle Lows… Project Imminent Bounce. 05/06/17 Weekly Re-Lay:   “Gold & Silver have sold off sharply after fulfilling all of the 2–4 week upside potential in mid-April.  That was projected to trigger a sell-off into early-May and was quickly validated by Silver’s weekly Turn-Key Reversal & 2 Close Reversal sell signal […]

Silver on Track for Test of ~16.000/SI; May 8–12th Low Likely in Gold & Silver… XAU Index Cycle Low = May 1–5th. 05/03/17 Weekly Re-Lay Alert – ‘Silver & the 2.50 Point Range Trading’:   “The Dollar Index dropped during the first two days of May, although it was only a minor drop.  Gold also dropped the first two days […]

Silver’s Sell Signal Confirmed; Projects Drop into May 8–12th… XAU Index Concurs; Watch May 1–5th. 04/29/17 Weekly Re-Lay:   “Gold & Silver sold off after fulfilling all of the 2–4 week upside potential with Gold attacking monthly resistance (1284.2–1298.5/GCM) as Silver spiked to new intra-year highs and its upside LLH objective (18.635/SIK)… It remains under the negative influence of its […]

Gold Stocks Fulfilling Bearish Outlook; Early-Feb–Early-May Drop Nearly Complete… Final Decline Could Follow in … 04/28/17 INSIIDE Track:   “The XAU plummeted after spiking up to 2–3 month resistance at 89.72–90.03/XAU and holding its weekly trend-neutral point – powerfully reinforcing the prevailing weekly (and monthly) downtrend and projecting a new wave down. That was/is still expected to lead to another drop into May 2017.  A monthly close […]

Gold & Silver Complete 4-Month Rally; Fulfill Upside Potential in mid-April… Projected Decline into Early-May Underway. 04/28/17 INSIIDE Track: “Gold & Silver rallied for 4 months (the most frequently recurring cycle in precious metals throughout the past three years) since fulfilling analysis for a sharp drop into late-2016 – the ‘2’ wave decline of what is expected to be a multi-year advance. In April, they […]