Short term Elliott Wave view in Gold suggests the rally to $1298.03 ended wave (W). The yellow metal is now correcting the cycle from August 16, 2018 low

Gold-to-Silver ratio is correcting cycle from 2/29/2016 peak (83.68) in 7 swing. While the bounces fail below 83.68 high, the ratio should resume lower or at least pullback

Randgold Resources (NASDAQ: GOLD) was founded 22 years ago in 1995, it’s a gold mining business operating in Africa mainly in Mali. The price of Gold & Silver

Silver did head lower to the 23.50/47 target & bounced back to 23.80 initially, but we have now broken lower & look likely to retest last week’s low

Silver reached resistance at 24.79/80 but we did try a break above 25.00. This was not helpful but none the less we quickly rejected these highs. We warned

Silver edged higher as predicted despite being overbought to reach 24.41. We could be running out of steam but cannot rule out a test of resistance at 24.79/80

Silver beat 23.32/36 to reach 24.10. Despite being overbought today’s outlook remains positive after the breakout & we could target 24.79/80 where we will look for an end

Gold is unique among asset classes as it is the only asset class notdependent on the performance of auditors, management, corporations,financial institutions, banks, politicians and governments. Gold Bullion Unique

Gold and silver succumbed to profit taking (gold down 3.2% and silver down 2.5%) last week as risk appetite returned to markets with the tentative recovery in equity