Silver & XAU Buy Signals Reinforce Stock Market Outlook (Surge to All-Time Highs).
05-31-25 – Stock Indices remain positive on a 1 – 2 month basis, projected to extend their rallies into [reserved for subscribers]…
This rally began immediately after stocks fulfilled the 3 – 6 month outlook for ~20 – 30% declines into early-April – when multi-month cycles & Cycle Progressions bottomed. On April 7th, they fulfilled a myriad of downside objectives – signaling a multi-month bottom…
Stock indices are mixed on a daily trend basis with the DJIA & S+P 500 neutralizing their new daily downtrends multiple times but needing more action to turn the 1 – 2 week trend positive. It would take a daily close above 42,448/DJIA for the Dow to turn its daily trend back up (and above 5953/ESM in the S+P 500) and reinforce the outlook for a new rally…
Gold & Silver initially rallied and then pulled back after selling off into mid-month & bottoming with Gold fulfilling primary expectations for a ‘c’ wave drop. The mid-May low reached multiple downside targets and the convergence of 3 (out of 4) weekly HLS levels with the then-current weekly HLS at 3123/GCM.
Gold spiked down to 3123/GCM (attacking that weekly HLS while retracing .618 of its most prior surge) and quickly rallied, signaling the likely completion of that ‘a-b-c’ correction and the onset of a new impulse wave higher.
While dropping right to 3123/GCM, Gold also fulfilled a symmetrical ‘c = a’ wave correction – with the ‘c’ wave equaling the ‘a’ wave in both price AND time – a perfect example of wave symmetry within a brief correction.
With Silver fulfilling its ~4-month outlook (dating from Dec ’24) – while spiking down to ~27.60/SI on April 7th – and reversing higher, it remains in a potentially bullish wave structure that is still expected to spur a new multi-month advance into Oct/Nov ’25 (and ultimately into ~April 2026).
In the coming weeks, Silver is poised to rally (on balance) into June 9 – 16th, the next phase of an ~11-week high-low-high-high-high-(high) Cycle Progression and midpoint of a related ~22-week high-high-high-(high) Cycle Progression.
Silver continues to angle its weekly 21 MAC upward and could generate a related bullish signal with a weekly close above ~34.00/SIN.
Its intermediate LLH and June ’25 LLR are at 35.72/SIN – representing an intra-month upside target. That is just below its 35.80/SIN peak. The most bullish scenario would have Silver exceed that peak AND the Oct ‘24 peak at 36.10/SIN before [reserved for subscribers]…
On a near-term basis, Silver just entered a period when both the daily 21 AND 40 MARCs will drop – most notably on May 30th and June 2nd. They are inversely correlated to the daily 21 & 40 MACs, so their decline would be positive for the 21 & 40 MACs… and likely for Silver itself.
On June 2nd, both Low MARCs will be below Friday’s low, providing the potential to turn both Low MACs higher.
Short-term trend & wave support appears at 32.80 – 32.90/SIN and was/is expected to place a floor under this pullback and provide the ideal level at which to enter new long positions.
1 – 4 week traders can be entering long positions in July micro-Silver futures (1,000 oz contract) down to 32.65/SON. Risk/exit on [reserved for subscrbers]. TRADING INVOLVES SUBSTANTIAL RISK
The XAU & HUI bottomed mid-month as both indexes dropped to their weekly HLS levels (extreme downside targets) 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 while setting the stage for an Intra-Month V Reversal higher (high at start of month, low at mid-month, new high toward end of month) – which was fulfilled in the XAU.
The XAU remains on track for an overall advance into the middle part of June ’25 – an outlook that has been repeatedly reinforced by intervening price action.
One of the corresponding cycles is a 21 – 22-week high-high-low-low-low-(low; Dec 23 – Jan 3, ’25) Cycle Progression that perfectly timed the Dec 30, ’24 low & projected an overall advance into June ’25.”
Stock Indexes are powerfully reinforcing analysis for surges to new all-time highs after confirming multi-month bottoms in early-April ’25 – when the culmination of 20 – 30+% plunges was forecast… and when it ultimately took hold. At the time, they fulfilled major 1 – 2-year downside price targets and related 17-Year Cycle analysis for 2025 – reinforcing that a decisive bottom was taking hold.
Their monthly trend patterns, monthly 21 MACs & MARCs, monthly (and weekly) cycles, monthly downside objectives & 6 – 12 month support levels all argue for powerful rallies that catapult key indexes up to new all-time highs in the coming months. The multi-year wave structure is arguing for the same.
Metals are corroborating that outlook as Silver (along with Platinum & Palladium) fulfilled ongoing forecasts for major lows in early-April, triggering convincing buy signals that were followed by powerful surges. Mid-May ’25 triggered another wave of bullish signals, reinforcing related analysis for new surges in the XAU & HUI (into mid-June and ultimately early-August).
What Wave Structure Projects Rallies to New All-Time Highs?
How High Should Surge From Early-April Cycle Lows Reach?
Why Does Projected Silver/White Metals’/XAU Surge Corroborate?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.