Posted by sabinemarc on 22nd of Mar 2026 at 02:13 pm
Matt, what is your current long-term outlook on gold?
At the start of the correction, you framed it as a potential
Elliott Wave 4 with an ABC structure, suggesting a final wave C
before a bullish wave 5. At the same time, your historical
comparisons to blow-off tops raised the possibility that the entire
cycle might already be complete.
With recent developments, which long-term scenario do you now
favor? Is it too early to form a clear view?
The key question is whether this is a corrective phase within an
ongoing bull market or the end of the cycle — and at what levels
you would consider positioning again for the long term. What key
support and resistance levels are you currently watching?
I discuss it a bit this week, I didn't get into real long term
though, I'll do that shortly. Newsletter already recorded of
course
that said my call was totally on part with my call on the blow
off top in Jan and the subsequent bounce where I said it would form
a lower high wave B and go down again in C - all playing out like I
said
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Silver Played out to my playbook
Posted by matt on 22nd of Mar 2026 at 12:37 pm
The plan I laid out in the metals playing out exactly like I drew out in late January after the parabolic blow off top
Matts Macro Commodity Precious Metal Silver Weekly log - Chart Linkweekly view, Silver down 15.8% last week. Notice this ABC and projection I drew over a month ago - it's playing out to a tee!
$SILVER daily log - Silver - Spot (EOD) - Chart Linkdaily view
Matts Macro Commodity Precious Metal SILVER Quarterly 50 year Log Chart - Chart Linkof course long-term the mid 40's to mid 50's near the 50 area would be the area to load up again
$GOLD:$SILVER ratio BP - Gold - Spot (EOD)/Silver - Spot (EOD) - Chart Linkthat ratio I posted almost 2 months ago suggested a major top
Matt, what is your current
Posted by sabinemarc on 22nd of Mar 2026 at 02:13 pm
Matt, what is your current long-term outlook on gold?
At the start of the correction, you framed it as a potential Elliott Wave 4 with an ABC structure, suggesting a final wave C before a bullish wave 5. At the same time, your historical comparisons to blow-off tops raised the possibility that the entire cycle might already be complete.
With recent developments, which long-term scenario do you now favor? Is it too early to form a clear view?
The key question is whether this is a corrective phase within an ongoing bull market or the end of the cycle — and at what levels you would consider positioning again for the long term. What key support and resistance levels are you currently watching?
I discuss it a bit
Posted by matt on 22nd of Mar 2026 at 06:02 pm
I discuss it a bit this week, I didn't get into real long term though, I'll do that shortly. Newsletter already recorded of course
that said my call was totally on part with my call on the blow off top in Jan and the subsequent bounce where I said it would form a lower high wave B and go down again in C - all playing out like I said