Metals Bottom in Mid-May; Silver & Platinum Project Accelerated Advances!
05-19-25 – “Gold & Silver sold off into mid-month with Gold fulfilling primary expectations for a ‘c’ wave drop that would reach multiple downside targets and the convergence of 3 (out of 4) weekly HLS levels with the most recent and most applicable weekly HLS at 3123/GCM.
Gold spiked down to 3123/GCM (while retracing .618 of its most recent surge) and quickly surged from that level. Gold fulfilled a symmetrical ‘c = a’ wave correction – with the ‘c’ wave equaling the ‘a’ wave in both price and time…
Meanwhile, Silver remained resilient and merely retested its month-opening low without closing below it. That keeps Silver in a relatively tight ~5-week range – a potential ‘2’ wave pullback of a developing new 5-wave advance. Silver would not turn its intra-month trend down until a daily close below 31.86/SIN. As long as that does not occur, Silver could see a new rally in the second half of May ’25.
The XAU & HUI sold off into mid-month with both indexes dropping to their weekly HLS levels (extreme weekly downside target) and Oct ’24 highs – pivotal ranges of multi-week support in both – while retracing 50% of their April surge.
They held those levels on the weekly close but the XAU needs a daily close above 186.10/XAU to re-enter positive territory.”
Gold & Silver retreated into mid-May, the ideal time for a multi-week low to take hold (and a much larger advance in Silver & Platinum to take hold). While Gold remains below multi-month cycle highs fulfilled in late-April, Silver is building a base and preparing to surge after fulfilling multi-month cycle lows and downside objectives in early-April. That coincided with the outlook for Platinum & Palladium to enter bullish cycles on April 7 – 11th and surge – on balance – into June ’25.
Recent action also reinforces the 17-Year Cycle impact on Silver and corroborates the outlook for a MAJOR uptrend in white metals following April ’25 cycle lows…
17-Year Cycle & Silver: April ’25 Low
The April ’25 INSIIDE Track detailed why Platinum was/is on the cusp of a Major advance (along with Silver & Palladium), stating: “This could be one of the ‘golden’ (or is that ‘platinum’) trading opportunities of 2025!” The first phase of that was/is expected to be a sharp rally into the next phase of Platinum’s ~5-week cycle on June 9 – 13, ’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 (into at least 2025/2026 and potentially longer)…
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 (Platinum & Palladium) and the next phase for Gold & Silver. It also ushered in the time (April – August ’25) when War Cycles could produce some unexpected surprises.
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