Gold, Silver & XAU Poised for Multi-Week Peaks.
04-21-25 – “Gold & Silver have surged into the middle half of April – a very likely time for a multi-week high to take hold in Gold. A 1 – 2 month high on April 14 – 25th would fulfill a consistent 23 – 24-week high-high-high-(high) Cycle Progression and would also repeat a pattern seen in recent years.
In that annual ~360-degree cycle, Gold has set a multi-week or multi-month peak in the middle part of April – in sync with the Week of Aggression (April 12 – 19th) and/or the Date of Aggression.
(Twice it has subsequently spiked above those highs about a month later, setting a final intraday high in May, so that is not out of the question.)
This would represent a potential blow-off top in line with Natural Year ‘opening month’ analysis (portending an initial surge into ~April 19th as an omen of what could follow in 2025).
It also ‘jives’ with the ~7-Year Cycle analysis of Gold discussed periodically over the past ~two years. Each time, that analysis has described how Gold’s 2022 – present advance is mirroring key timing aspects of its 2015 – 2020 advance.
In that previous bull market, Gold initially surged into the middle part of 2016 (after bottoming in 4Q 2015) and then set a subsequent peak in April 2018… that held for over a year.
In the current bull market, Gold bottomed in 4Q 2022 (7 years later), initially surged into the middle part of 2023 (7 years later) and is poised to peak in the middle part of April 2025 – 7 years after the April 2018 peak.
One irony (reinforcing the divergence that has prevailed since mid-November) is that Gold has the potential to set a multi-month peak within a couple weeks of Silver setting new intra-year and ~6-month lows. That low reached Silver’s ongoing downside target near 27.60/SIK, initially fulfilling projections for a ‘C’ wave decline.
At the same time, it set a low in April ’25 – fulfilling broader geometric cycles that include a move of 180 degrees from its Oct ’24 peak and – looking forward – a low that is ~360 degrees prior to major cycles in ~April 2026
This entire move has been another example of how the two metals can trade in divergent trends and divergent wave structures… even while rallying & declining (mostly) in tandem. Since mid-November, when Gold perpetuated a ~14-week low-low-low-(low; Nov 11 – 18, ’24) Cycle Progression while triggering a bullish weekly trend signal, it has been projected to see another major advance in 2025.
That advance was forecast to take hold in January, at the same time Dollar cycles projected a major peak, and extend into early-May’ 25 and ultimately into Oct/Nov ’25.
As part of that, an initial 13 – 14-week advance was expected – into Feb ’25 – followed by a 13 – 14-week high-high cycle into May ’25 (half of the ~27-week cycle that is half of the ~54-week cycle… and the latest phases of the ~14-week cycle). Gold is now entering the ideal time for a 1 – 2 month peak (even as Bitcoin is poised to rally… rock, paper, scissors).
At the same time, Silver was repeatedly forecast to remain below its late-Oct ’24 peak until a spike below its mid-Dec ’24 low occurred. That finally occurred on April 4/7th, freeing Silver up to begin a new impulse wave higher (and possibly pivot into the leader of the next advance in metals).
The XAU & HUI surged into mid-April after plunging to 1 – 2 month support and resuming its advance. That support included the Feb ’25 low (150.84), the high of the year-opening range (resistance turned into support at 152.18/XAU) and the March ’25 low at 152.48/XAU.
The XAU spiked down to 152.02 on April 7th – reversing higher from its rising weekly 21 AND 40 High MACs – a bullish development that spurred a surge into weekly resistance and a monthly LHR (extreme upside target) grouped at 196.33 – 199.56/XAU. It also spiked up to range-trading resistance near 199.00/XAU – linking previous range parameters (throughout 2023 – present) at ~103 – ~135 – ~167 – ~199/XAU.
On a broader basis (monthly charts), the XAU set initial range parameters at ~90 (2022 low) and ~145 (2023 peak), creating a major upside target – AND a yearly LHR – near ~200/XAU… where it has just attacked.
The XAU has been tracing out a 5-wave advance since its Oct ’23 low (a larger-magnitude wave III) and entered wave ‘5’ of that ‘III’ wave rally in January ’25. It is now fulfilling key upside targets – leaving some question as to how much additional upside price potential there might be in the coming months… once a top has been signaled.
In addition, the XAU is now completing back-to-back ~4-month rallies that immediately followed a ~4-month low-low-low-(low) Cycle Progression. As a result, a significant peak could take hold in this decisive time surrounding the Date of Aggression (April 19th)… just as it did in April 2022. It is also fulfilling an ~8-week low-low-(high) Cycle Progression – spanning the overall advance from late-Dec ’24.
For now, the uptrend remains intact until – at the very least – a daily close below 184.10/XAU.”
Gold & Silver remain in divergent wave structures with Silver and Platinum setting projected multi-month lows in early-April ’25… after Silver fulfilled what had been projected since December ’24 – a drop to ~27.60/SI, its 4th wave of lesser degree support. That was in sync with the outlook (& cycles) for Platinum & Palladium, with both entering bullish cycles.
Gold & the XAU portend initial highs in the current period with Silver poised to stretch a high into April 24/25th. Those highs, if achieved, will likely corroborate the outlook for April ’25 – April ’26. The April ’25 INSIIDE Track detailed why Platinum is on the cusp of a Major advance, stating: “This could be one of the ‘golden’ (or is that ‘platinum’) trading opportunities of 2025!”
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
April 2025 ushered in a new and reinforcing phase of this overall shift and could be the first phase of major rallies in key metals. See current publications for the most updated analysis.
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