$GOLD Weekly - Gold - Spot - Chart LinkI
haven't showing the bigger picture charts for a while for gold and
silver after they had the blow off tops in late January. I
wanted to let the chart flesh out for a while.
anyway here's one option, while the late
Jan highs could have ended the bull market, it could also be 5
waves of (3), with this a wave (4) consolidation needing many
months (I said as much back in January)
anyway this option shows the rally up
being a wave b with an eventual move down in wave c.
this is a log chart, so a target on that
wave c could be the log uptrend line
Gold weekly bigger picture comments
Posted by matt on 26th of Apr 2026 at 01:33 pm
$GOLD Weekly - Gold - Spot - Chart LinkI haven't showing the bigger picture charts for a while for gold and silver after they had the blow off tops in late January. I wanted to let the chart flesh out for a while.
anyway here's one option, while the late Jan highs could have ended the bull market, it could also be 5 waves of (3), with this a wave (4) consolidation needing many months (I said as much back in January)
anyway this option shows the rally up being a wave b with an eventual move down in wave c.
this is a log chart, so a target on that wave c could be the log uptrend line
Gold - would be interesting to see if Gold makes it down to that trend line eventually
Posted by EricK on 5th of Jun 2026 at 12:42 pm
Gold long term chart - $GLD $GOLD would be interesting to see if Gold makes it down to that trend line eventually