I'm not familiar. My belief is the s&p has seen it's high for now, with 2349 possibly coming later in 2017. As stated I have no upward target currently. Rest.
Current $ target is 99.
Gold and silver should rise until summer. They may hike rates in june?
As you know, I got ahead of the game last summer, "punch drunk", but have been hitting my targets on the way down, including 1124 (actual 1123 intraday bottom). Now all targets have been hit step by step to the upside. Next one will be posted once 1215 is support. Not getting ahead of myself this time around.
Nothing has changed with the medium to long term outlook. Gold and silver should make a new high by summer. Then most likely correct back to current levels by year end. Be all in before 2018.
Gold coming up on the 50 and 200 week moving average in the 1250 to 1260 range. The 50 crossed up over the 200 with the new year rally, this will have caught the long term moneys attention. Getting the price back up over the ~260 level will be a major positive and a little over that lay the down trend line that has developed since mid last year. That is closing on ~1300, @ say ~1280 by the time we get there. Add in round 'numberitis' and 1300 is becoming a highly significant target number. Beaching it should send the signal that the rally that developed out of 01/2016 is indeed a longer term development. All good but expect a battlelines to be drawn @ 1300, it could well turn out to be the bears last significant stand. If we fail there this bottoming process could become a far more drawn out affair... so... buy you feckers, BUY! LOL.
Silver is similar but the 50 is still below the 200 and $20 is the round number. Trend and MA's are in the 17.50 to just sub 19 range, that should be the bulk to the battle ground, > $20 should be the clincher. Technically its ~ 20.40 but holding a 2 handle for a decent length of time should get the deal done. JMO.