Summary
- It appears that all the short-term targets in the gold market have been met.
- The gold/silver ratio has given an unusual signal that the price of silver could be setting the stage for an explosive move to the upside.
- Silver is offering an incredible historic opportunity.
- The target price for silver over the next three years is over $65 per ounce.
Gold Market Meets September 28, 2017, Short-Term Targets
Upon completion of the 180-day cycle that began on September 28, 2017, which we published in Seeking Alpha regarding the gold market long-term outlook, it appears that all the short-term targets in the gold market have been met. We have corrected back down to test major support levels in the $1309 to $1317 area before the resumption of the uptrend occurs to complete the long-term targets of 1386 to 1484 . We highly recommend
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