In the near-term, a daily-cycle-low for gold is expected with a primary target of $3,240 with a timing of mid-June. A secondary target has also been identified.
In the medium-term, our major cycle-high upside target for gold is $3,700 to $3,800 in late-summer.
Silver has now broken out and on its way towards its cycle-high target of $46 (+/-$3) which is e…