Gold & Silver Project October Surges; Mid-Oct (Silver) & Late-Oct/early-Nov (Gold) Highs.
09-21-23 – “Gold & Silver remain in multi-month corrective phases from their cycle highs on May 3 – 5. Those highs fulfilled ~3-month low-high-(high) & ~4-month low-low-high-(high) Cycle Progressions and were projected to usher in a corrective phase…
Gold & Silver maintain the potential for a late-Sept/early-Oct advance that should carry them higher into multi-month cycles converging between mid-Oct & early-Nov ’23. As explained repeatedly the last few months, an accelerated advance is most likely at some time between mid-Sept & mid-Oct ’23.
The 90/10 Rule of Cycles has consistently projected the majority of the next advance to occur in October ‘23.”
Gold & Silver produced 1 – 2 month highs in early-Sept, corroborating future cycle highs projected for early-Jan ‘24. They remain weak as they await bullish cycles that begin in early-Oct ‘23… and are expected to spur a sharp multi-week rally into early-Nov ’23.
The action since late-2022 is powerfully validating the onset of a new 40-Year Cycle of Currency War in which Gold & Silver possess unique potential for late-2023 – late-2024! The 90/10 Rule of Cycles in Gold continues to project a sharp advance in October ’23 – in the final weeks leading into a (potential) early-Nov ’23 peak. The weekly 21 MARCs concur.
Where are Metals Likely to Rally in 4Q ’23? Will Middle East War Cycles Have an Impact??
How Does 90/10 Rule of Cycles Project Sharp Rally in October ’23?
Why are mid-Oct & early-Nov ’23 Cycle Highs the Key to 2024 Outlook?
Refer to the April 11, 2023 special issue of The Bridge – Gold, Silver and Elliott Wave Structure – and subsequent reports – for expanded analysis and charts.
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.