Happy to share this from my cycles man.Silver has begun to rally in sync with cycles bottoming on Jan 17 - 24 - the latest phase of a ~15-week low-low-low-(low) Cycle Progression… and athe final week when the weekly HLS pattern projected a 1 - 2 month low. It initially rallied without turning its daily trend up, ushering in the potential for a retest of the recent low.
If that low holds, it should - based on a normal Cycle Progression evolution - trigger an overall ~15-week advance into the first half of May 2024, a ~1-year/~360-degree cycle from the May 2023 high and 3 years from the May 2021 high. It would also coincide with when Dollar Index cycles next bottom.
Also listen to him.
This Week in Money – HoweStreet
What really drives silver?, page-22
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