Silver Begins New Wave Higher; Platinum & Palladium Reinforce 2025/26 Outlook.
04-14-25 – “Gold & Silver bottomed immediately after Silver fulfilled what it signaled & projected in Dec ’24… At the time, Silver turned its weekly trend down after Gold had failed to do the same thing. That began a multi-month period of divergence – on different levels – with Gold projecting a surge to new highs in 1Q & 2Q ’25 as Silver portended ongoing congestion and a rally to a lower high.
Silver’s wave structure identified the post-Dec rally as a likely ‘B’ wave advance that would ultimately give way to a ‘C’ wave decline with a downside target below the mid-Dec ’24 low.
Silver adhered to that outlook and was only able to twice neutralize its weekly downtrend during the subsequent 1Q ’25 rally… reinforcing the likelihood for a drop below its mid-Dec ’24 low.
Silver peaked in lockstep with its weekly trend pattern and reversed lower during the week after its weekly 21 MAC had turned down (late-March).
It quickly fulfilled the minimum downside target for this ‘C’ wave decline – dropping below the mid-Dec low while matching the magnitude of its ‘A’ wave decline (Oct – Dec ’24 decline). It was projected – as it has been since Nov ’24 – to find its most significant support (and likely bottom) near 27.60/SIK.
That was/is Silver’s 4th wave of lesser degree support and is the price level where Silver had been projected to most likely set a 3 – 6 month (or longer) bottom.
Silver spiked down to 27.54/SIK – fulfilling all of its 2 – 4 week, 1 – 3 month & 3 – 6 month downside objectives – and immediately reversed higher.
Reinforcing the likelihood for an early-April bottom, Silver fulfilled the potential to mirror the duration of its largest previous decline (22 – 23 weeks) and perpetuated 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.
Leading into last week, Gold had three weekly HLS levels (downside extreme targets) at 2940 – 2993/GCM, with the most recent two – the ones that hold the strongest influence – at 2940 – 2980/GCM.
Gold quickly spiked down to 2970/GCM and bottomed in the middle of monthly support before resuming its advance.
Gold has been forecast, since late-2024, to set two pivotal peaks in 2025 – the first around ~early-May ’25 (+ or – 1 – 2 weeks) and the second in ~November ’25…
A 1 – 2 month high – on April 11 – 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 which Gold sets a multi-week or multi-month peak in the middle part of April – coinciding with the Week of Aggression (April 12 – 19th) and/or the Date of Aggression.
It also ‘jives’ with the ~7-Year Cycle analysis of Gold discussed periodically over the past ~two years in which Gold’s 2022 – present advance is mirroring several 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 April 2025 – 7 years after the April 2018 peak…
A great deal of related events are at critical junctures as the Week of Aggression begins & Date of Aggression approaches. A new paradigm shift could be imminent, in which Silver begins to recover as Gold begins to peak… at least for a few months…
The XAU & HUI produced multiple bullish developments throughout the past week after the XAU dropped to 1 – 2 month support that 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.
It spiked down to 152.02 on April 7th – attacking and reversing higher from its rising weekly 21 AND 40 High MACs – a potential bullish development that received reinforcement on April 8 – 11th. Recent action accelerated its near-term swings while reinforcing the potential for an overall rally into early-June ’25. In the interim, a 1 – 2 week top could be seen now (mid-month).”
3-26-25 WR Alert – “This period – usually from March 20 to April 19/20th – marks a very important transition period… It is an annual time to watch for signs of ‘change’ on many levels… April 19/20th acts like a deadline for determining what to expect in the coming (Natural) year… Silver remains in a ~6-month trading range… with the prevailing potential for a retest of its December ’24 low.”
3-29-25 INSIIDE Track – “Gold & Silver are in broader bullish trends and their outlook remains positive. Gold & Silver perpetuated a ~7-year low (4Q ‘01) – low (4Q ‘08) – low (4Q ‘15) – low (4Q ‘22) Cycle Progression in October ‘22 and have been projected to undergo a multi-year advance into 2026 or later…
Platinum triggered some intriguing – and potentially very bullish – signals… This could be one of the ‘golden’ (or is that ‘platinum’) trading opportunities of 2025! Platinum is on the cusp of turning its monthly 21 High MAC up… for the first time since October ‘23… it would generate a very bullish confirmation signal that would likely reverberate for 6 – 12 months to follow…
Platinum could rally into 2026 – a 50% rebound in time (12 years down/6 years up) and the latest phase of a ~5-year high (2011) – high (2016) – high (2021) – (high; 2026) Cycle Progression that parallels the Silver outlook. With Platinum closing the week at 996/PLN, it is a good place for traders to be adding to long positions…
Palladium remains above its August ‘24 low and in a constructive weekly trend pattern… Its weekly 21 MAC is also nearing the time (April 7 – 11, ‘25) when a reversal higher would become much easier to achieve… Palladium is expected to enter a new bull market in 2025 and stretch that into 3Q 2026 – when the next multi-year peak appears most likely.”
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.