Gold & Silver Trends Intact; Hone Time for Future Silver Low.
03-15-25 – “Gold & Silver remain in near-term & 1 – 2 month uptrends with Gold rallying to new highs in what could be a wave ‘5’ of a 5-wave advance from its November low (a ~4-month advance that is close to matching the duration of its previous ~4-month advance in June – October ’24).
That identifies the recent low – near 2850/GCJ – as the 4th wave of lesser degree… a level that should become support and a downside target after a peak is in place.
Since that is also the level of the Oct ’24 high (resistance turned into support) and will likely be the level of the rising weekly 21 High MAC in 2 – 3 weeks, it could be a pivotal level if a correction is seen in the second half of March ’25 (possibly stretching into April ’25)…
Looking out a few weeks, the next phase of a 19 – 20-week low-low-low-low Cycle Progression in Gold comes back into play on March 24 – 28 & March 31 – April 4 and could time a low…
On a broader basis, Gold remains on track, in sync with its ~54-week cycle, to see the next 3 – 6 month peak in Nov ’25. In between, a reinforcing (1 – 2 month) peak could be seen in early-May ’25. The action of mid-March – mid-April should clarify…
Silver rallied back to its mid-February high but has not yet closed above it. That perpetuates the congestion that has been in force in Silver for several months. Since its December ’25 low, Silver has traded in a pair of ~2.500/SIK ranges – first from ~29.50 – ~32.00/SIK and then from ~32.00 – ~34.50/SIK… where it is again trading.
It is bumping back up against that ~34.50/SIK resistance and would need a daily & weekly close above it to show a breakout to the upside…
On a larger cyclic basis, a Silver low in March/April ’25 would reinforce multi-year cycles peaking in March/April 2026, including a unique ~5-year cycle evolving since 2001.
Gold & Silver remain in daily & intra-month uptrends with Gold also in an over-arching weekly & monthly uptrend (Silver is neutral)…
The XAU & HUI remain in weekly uptrends and spiked to new multi-month highs while remaining below their October ’24 peaks.”
Gold & Silver remain in 1 – 2 month uptrends within divergent wave structures. Gold is bullish while Silver is rallying in a likely ‘B’ wave advance that is projected to give way to a ‘C’ wave decline back to its early-Aug ’24 low (~27.60/SIK) before a multi-month correction is complete. A multi-month Silver low could/should stretch into April ’25 with the sharpest drop most likely in the final 1 – 2 weeks leading into that low.
Early-April ‘25 also remains the time when a sharp stock market plunge could accelerate into a multi-month bottom. The final indexes – S+P 500 & NQ-100 – fulfilled their upside objectives on Feb 18/19th and quickly triggered weekly sell signals that reinforce the outlook for 20 – 25% plunges into early-April ’25 – with daily & weekly cycles most synergistic on April 3rd – 7th, ‘25.
The 40-Year Cycle of Currency War continues to impact Gold and its relationship to the US Dollar. Gold fulfilled major cycles in Sept/Oct 2022 when it perpetuated a 7-Year Cycle of consistent lows (2001 – 2008 – 2015 – 2022) that coincided with the onset of a new 40-Year Cycle of Currency War AND 80-Year Cycle of War and projected a multi-year bull market to follow…
Outlook 2022/23: A New Currency War Begins
Outlook 2023: A New Currency War & Inflation
Gold’s mid-November ’24 low projected a subsequent rally into late-April/early-May ’25, which remains on track. The Dollar peaked in January ’25 – fulfilling its 3 – 4 month outlook and ushering in the time for a sharp (projected) decline in 2025. Meanwhile, Bitcoin is fulfilling its related outlook for a major sell-off in 1Q 2025 that could attack decisive support near 74,500/BTC before a bottom takes hold.
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