Gold Investor's Weekly Update: May 3, 2025
Our revised target range for the coming intermediate cycle low has been raised to between $3,000 and $3,100 while the timing of the low is unchanged between May 7th and May 27th.
Once the low is in, the expectation is for one more advancing phase for gold that makes new all-time-highs and revisits its top recurring resistance level. After that, we are lo…