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Category: 3 – Gold Trader

Weekly update of precious metals stocks and ETFs and the price of gold itself, featuring Lee Adler’s proprietary cycle analysis, with market trend opinions and stock picks.

Gold Climbs Parabola Hill One More TIme 5/21/25

A massive increase in volatility has repeatedly broken historically normal wave bandwidths, signaling abnormal wave amplitudes as the trend goes parabolic. Trend support around 3295-3300 was seen as critical in the short run. It broke, and then whipsawed. The uptrend is thus still intact. A test of the high looks likely, with more fireworks through the summer. But longer term projections suggest that there’s little upside remaining.