Do You Prefer Gold Over Silver?

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Do You Prefer Gold Over Silver?

  • I mentioned several times in the Premium content in the last several days that Gold and Silver were ready to correct.

  • In a notable achievement, I managed to predict the bottom of GC, Gold futures, last October. I am optimistic about repeating this success in Oct’24, as the cycles are aligning with my expectations.

  • The chart below shows the composite of two dominant cycles on the daily chart: 109 and 272 trading days (TDs).

  • We could refer to these cycles as 20-week and 1-year cycles, the 1-year cycle being the dominant one.

  • Thus, the October time frame may present an opportunity to re-enter Gold positions, just as for Silver as presented earlier.

  • I will explain in a YouTube video how this forecast relates to the Gold’s seasonal pattern. 

Do you Prefer Gold vs Silver

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Also, check out my aforementioned Youtube video on Gold.

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