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Silver, Gold, Stk Mkt, & Oil: Weekly Chart Waves (SilverSeek)

Gold: Wave ^iv^ has become more complex, although it could be complete at the 1848.00 low. Wave ^iv^ looks to be a double 3 wave corrective pattern. We are waiting for confirmation that it is complete at the 1848.00 low. After wave ^iv^ ends we expect a sharp rally higher in wave ^v^ of *iii*, which has the following initial projected endpoint:                        …

Gold’s Big Question: Can the Bull Market Outlive a Pandemic? (Bloomberg)

“Risks to gold prices remain skewed to the upside given expectations of loose monetary policy, with real rates remaining low or negative globally,” said Suki Cooper, a precious metals analyst at Standard Chartered Plc. She also sees elevated government debt stoking inflation expectations.

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