Silver, Platinum & Palladium Reinforce Buy Signals; Gold Nears Peak.
04-19-25 – “Stock indexes fulfilled the 3 – 6 month outlook for 20 – 25% (or larger) declines into early-April and have since consolidated above their April 7th lows. Those lows also fulfilled a myriad of daily, weekly & monthly cycles converging on April 3 – 7th, reinforcing the outlook for a multi-week bottom…
The Dollar, Euro & Yen extended their 1Q ’25 trends into the Week & Date of Aggression, setting the stage for reversals just as Gold is also poised to set a multi-week top…
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.
Gold surged into mid-month and remains positive until (at the very least) a daily close below 3201/GCM.
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).
At the same time, Silver has been 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)…
Gold & Silver surged after plunging to pivotal support levels and bottoming on April 7th with both attacking monthly support and fulfilling their intra-month downtrends.
At the time, Gold repeated its pattern of sharp 3 – 5 (trading) day declines – the 4th consecutive one since its mid-Nov ’24 multi-month bottom – while Silver attacked extreme downside targets at 27.60/SIK.
Their April 7th lows also fulfilled their respective daily & weekly trend patterns – reinforcing the outlook for April ’25 correction lows and setting the stage for new rallies into the days surrounding April 19th – the Date of Aggression. As has often been the case, that time frame frequently pinpoints a culmination of panic-related buying in Gold…
Platinum & Palladium are slowly validating the longer-term potential for key trends and 21 MACs to begin to turn up in April ‘25. In sync with intermediate cycles, the ideal scenario was that they set lows in the first half of April and rally into early-May ‘25 – the next phase of the ~3-month/~90-degree cycle (and midpoint of a related ~6-month/180-degree cycle) that helped pinpoint the early-Feb ’25 peak.
That is currently unfolding but both metals still need to produce more convincing bullish signals to confirm that new multi-month lows are intact. The primary thing for Platinum, described in the April ’25 INSIIDE Track, is to rally above (and ideally close the month above) xxxx/PLN.
Copper plunged to its intra-year low after fulfilling a myriad of upside price and timing targets in late-March and projecting a multi-week decline. It, too, was primed for a low on April 7th and has initially validated that potential after fulfilling a ~13-week/ ~90-degree high-high-low-(low) Cycle Progression. A daily close above x.xxxx/HGN is needed to show new strength.”
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.