Gold, Silver & XAU Signaling Multi-Week or Multi-Month Peaks.
04-23-25 – “Stock Indices are reinforcing that a multi-week, and potentially multi-month, bottom took hold on April 7th – the convergence of monthly, weekly & daily cycles and the fulfillment of diverse downside targets.
At the time, they fulfilled ongoing projections for 20 – 25% declines leading into early-April AND attacked decisive 3 – 6 month range-trading objectives.
The DJTA, S+P Midcap 400 & Russell 2000 are leading this reversal higher just as they led reversals lower in late-Nov ’24, late-Jan ’25 & late-Feb ’25…
Gold & Silver surged into the middle half of April with Gold initially fulfilling its potential for a 1 – 2 month high on April 14 – 25th – the time when a consistent 23 – 24-week high-high-high-(high) Cycle Progression came back into play. Gold also fulfilled an intra-year pattern of late…
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 (April 19th)…
Gold fulfilled the potential for a 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).
That is in lockstep with analysis for another abrupt shift in the ongoing currency battle between paper (fiat), hard (metals), and digital (cryptos) currency. Bitcoin – and stocks – had already set multi-week lows in early-April and were waiting on Gold & the Dollar Index to complete their recent moves.
It was also in sync with the ~7-Year Cycle analysis of Gold discussed 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 was poised to peak in the middle part of April 2025 – 7 years after the April 2018 peak. That may have just occurred.
One irony (reinforcing the divergence that has prevailed since mid-November) is that Gold could be setting 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, fulfilling projections for a ‘C’ wave decline that have been the focus since Dec ‘24. 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 – taking hold in January and initially lasting into late-April/early-May’ 25.
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 in early-April and reaffirming its intra-year uptrend. 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. (The next target would be 231/XAU.)
For now, the uptrend remains intact until – at the very least – a daily close below 184.10/XAU.”
Gold & Silver have entered new phases after Silver and Platinum set what are projected to be multi-month lows in early-April ’25. That occurred as 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 for Platinum & Palladium, with both entering bullish cycles in early-April.
Gold, Silver & the XAU are expected to set initial highs at this time. Those highs, if fulfilled, should 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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