For 2025, 43 trading weeks are now complete. Therein, Gold has compiled 31 up weeks (+2.2% average gain) and 12 down weeks (-1.9% average loss). Indeed, 11 of the past 13 weeks have been up.
Regardless of the longer-term fundamentals for gold and silver which we know are spectacular, we can expect them to take a hit from temporary dollar strength and correct...
With respect to Gold potentially correcting at least over the near-term, the above graphic’s graveyard regardless reminds us that “Shorting Gold is a bad idea.”
The fundamentals for the gold bull market have not changed. All the corrections since the beginning of 2024 have been sideways churns. Markets just don’t go straight up forever.