Avi Gilburt, an Elliott Wave guru who has been very accurate...

Avi Gilburt, an Elliott Wave guru who has been very accurate with his projections on both the share market and PM's recently published an article that included the following.
In my prior articles, I also outlined last year my initial target of 2428 for gold (which we did just exceed before this consolidation). And, now, I am expecting that we will likely move up to the 2700 region in gold for the next rally I expect to begin over the coming weeks.

However, I see much greater potential in silver at this time. Whereas gold has already seen its wave iii rally, silver has not. Therefore, I am expecting a major catch-up move in silver during 2024, which can even take us beyond the $40 mark in quite a rapid move.

Therefore, my main point is that I am now tracking a pattern which suggests that this pullback/consolidation can complete in the near term, and set us up for the next phase of the rally I expect in the metals market. However, in the next phase, I am expecting silver to outperform gold.