Gold Accelerating Higher

Gold Accelerating Higher;
Multiple Targets Converging…
At Significantly Higher Level!

05/31/17 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.  Gold remains in the strongest technical position, having remained in an intra-year uptrend and weekly 21 MAC uptrend.

Both metals surged to weekly LHR levels on May 19th – a precursor to an intermediate peak in the ensuing weeks (no later than June 9th)…

1–4 week traders could have bought August Comex Gold futures at [reserved for subscribers].”

 

Gold entering accelerated advance, confirming latest buy signal… even as time/price indicators warn of a peak by June 9th.  Strong surge could intervene as Gold hones upside price target.  Gold Stocks (XAU) consolidating since fulfilling May 22–26th cycle low.

See Weekly Re-Lay & INSIIDE Track for more specific expectations, targets & trading strategies.