Tuesday, March 2, 2021

Tag: Chris Vermeulen: Why Gold May Hit $1700 By March And Why Silver May Lag 10 To 14 Months

Chris Vermeulen: Why Gold May Hit $1700 By March And Why Silver May Lag 10 To 14 Months

from Silver Doctors:

Gold should rally over 25% before the end of 2020.  Silver may rally as much as 15% before the end of 2020. Here’s why…

by Chris Vermeulen of The Technical Traders

The Gold rally we predicted to happen in late 2018 took place, almost perfectly, based on our ADL predictive modeling systems results.  This rally took place in May through September 2019 and pushed  Gold up to levels near $1600.  The rest of the year, Gold consolidated near $1500 as a strong US Stock Market rally took hold in Q4 of 2019.  Our original prediction was that Gold would rally to levels near $1750 before the end of 2019 based on our Adaptive Dynamic Learning predictive modeling system (ADL).  This did not happen in 2019 as out ADL modeling systems suggested, but it appears Gold is setting up for another massive upside rally in 2020.