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This ties in with my view that once the current right shoulder...

  1. dfl
    4,418 Posts.
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    This ties in with my view that once the current right shoulder has concluded, it's off to the heavens.

    Silver is validating a decisive period and is starting to reinforce the ‘ideal’ price, wave, and cycle scenario - projecting the next peak (one that could be more significant than existing ones) - to arrive in late-June/early-July 2024, when a myriad of cycles converge.

    Silver has a ~14-month/~60-week high-high-(high) Cycle Progression that recurs on June 24 - July 5, 2024 (2-week period with the entire month of July 2024 representing the next phase of a broader ~14-month cycle).

    That reinforces what Silver’s most consistent multi-month cycle portends - a ~30-week (30 - 31-week) high-high-high-high Cycle Progression that recurs on June 24 - 28 (and July 1 - 5) 2024.

    If Silver continues to hold its May 2nd low, it could trace out a fourth consecutive 58 - 60 day rally - culminating on June 28/July 1, 2024… providing another example of wave symmetry. That is the same time frame (duration) of every primary advance Silver has completed since March 2023.

 
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