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

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!