Gold & Silver Enter Volatile Period

03/16/16 Weekly Re-Lay Alert:  “Gold & Silver have entered what is expected to be a volatile period – extending into late-April/early-May – with an important low expected on April 4–8^th & April 11–15^th.  [See March 2016 INSIIDE Track for related charts & analysis.]  Other metals – and the XAU – could stretch that low as late as April 19^th.

Gold spiked to new highs on March 11^th – perpetuating a 27–29 day low-low-high-(high) Cycle Progression,  even as Silver set a lower high during the latest phase of its related 29–30 day low-low-high-(high) Cycle Progression. 

Gold dropped to 1226.0/GCJ on March 15^th – attacking its intra-month lows and a key level of 2–4 week support.  If Gold & Silver can close below 1225.1/GCJ & 15.165/SIK, it would signal a new 1–2 week peak and project selling into late-March.  Until that occurs, the intermediate trends are up… 

The XAU has surged since intermediate cycles bottomed on Jan. 19^th.  It is expected to set a secondary low around April 16–19^th and could soon enter an intervening pullback after testing key resistance levels.

An intermediate peak would be ideal if it took hold on March 16–18^th, setting the stage for a 50% retracement (in time) – leading into that April 16–19^th time frame.”  TRADING INVOLVES SUBSTANTIAL RISK.  See Hypothetical Trading Disclaimers.

Gold & Silver stocks poised to peak on March 16–18^th and trigger pullback into first half of April.  Price action must corroborate this potential scenario.