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Silver & Miners: A Decoupling From Gold?captainewave Apr 27, 2025 US Dollar: Please click this link to view the Captain’s daily dollar index chart. Double-click to enlarge it. Analysis: We are falling in wave c which has the following projected endpoints: c = a = 95.69. Within wave c, we completed wave -i- ended at 106.78 and wave -ii- at 109.75, and we are now falling in wave -iii-, which has the following updated projected endpoint: -iii- = 4.236-i- = 96.03. After wave -iii- ends we expect a wave -iv- rally that should retrace between 23.6 to 38.2.% of the entire wave -iii- drop. Trading Recommendation: Go short, risking to 111.00. Special Subscription Offer: At $99/mth the Captain Ewave newsletter value is superb, and we have a special offer this week of just $199 for a three-month subscription! Investors get six updates a week from the Captain. Send us an email at admin@captainewave.com or click this link and we’ll get you on board. Thank-you! Silver: Please click this link to view the Captain’s weekly silver chart. Double-click to enlarge it. Is silver “decoupling” from gold, and doing it in a very bullish way? The wave counts for silver suggest that’s a distinct possibility, and here’s a look at those counts: Wave ii ended at 18.01, and we are working on a powerful wave iii rally that is full of nested bullish waves, as shown on our Daily Silver Chart. Within wave iii, we completed wave (i) at 24.39 and wave (ii) at 19.94 and are moving higher in wave (iii), which has a current projected endpoint of: (iii) = 2.618(i) = 37.67. Within wave (iii), we completed wave -i- at 26.23, wave -ii- at 20.85, wave -iii- and all of wave -iv- at 28.29. We should still be moving higher in wave -v- to complete all of wave (iii). The other option is that our wave $iv$ bullish triangle is still underway and is expanding and extending, with wave !a! ending at 26.73, wave !b! at 35.50, and wave !c! at 28.29. We should now be moving higher in wave !d!, which cannot trade above the wave !b! high of 35.50. Trading Recommendation: Go long, with puts as stops. CDNX: Please click this link to view the Captain’s weekly silver chart. Double-click to enlarge it. The Captain is open to the occurrence of major decoupling events. There appears to be one in play for silver… and perhaps now for the CDNX-listed junior stocks too! Note the fabulous breakout in play for the CDNX from the massive base pattern on the above chart. Here’s the Captain’s take on it, from a wave counts perspective: Wave -ii- is now complete at the 506.65 low, and we are slowly starting to move higher in wave -iii-, although we need to take another look at the internal wave structure. Next major resistance is still the significant congestion between 629.55 to 644.49. Our initial projections for the end of wave -iii- is: -iii- =-1.618-i- = 1773.52. Our minimum multi-year long term target for the end of wave C is 3341.56! Trading Recommendation: Go long, with puts as stops. Free Offer For Website Readers: Please send me an Email to admin@captainewave.com and I’ll send you our free “GDX: A Golden Decoupling?” report. We highlight updated wave counts and charts for this ETF, based on the theme that gold stocks may be joining silver, in a bullish decoupling from gold! We also include a couple of the hottest miners that sport stunning gold price to mine cost ratios, with equally stunning charts! Risk: captainewave.com is an impersonal advisory service and, therefore, no consideration can or is made toward your financial circumstances. All material presented within captainewave.com is not to be regarded as investment advice, but for general informational purposes only. Trading stocks does involve risk, so caution must always be utilized. We cannot guarantee profits or freedom from loss. You assume the entire cost and risk of any trading you choose to undertake. You also agree to bear complete responsibility for your investment research and decisions and acknowledge that captainewave.com has not and will not make any specific recommendations or give advice to you or any of its clients upon which they should rely. captainewave.com suggests that the client/member test all information and trading methodologies provided at our site through paper trading or some other form of testing. captainewave.com, its owners, or its representatives are not registered as securities broker-dealers or investment advisors either with the U.S. securities and exchange commission or with any state securities regulatory authority. We recommend consulting with a registered investment advisor, broker-dealer, and/or financial advisor. If you choose to invest with or without seeking advice from such an advisor or entity, then any consequences resulting from your investments are your sole responsibility. 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Further, we do not receive any form of payment or other compensation for publishing information, news, research or any other material concerning any securities on our site or publish any information on our site that is intended to affect or influence the value of securities. There is no guarantee past performance will be indicative of future results. No assurance can be given that the recommendations of captainewave.com will be profitable or will not be subject to losses. All clients should understand that the results of a particular period will not necessarily be indicative of results in future periods. The results listed at this website are based on hypothetical trades. Plainly speaking, these trades were not actually executed. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated trades do not represent actual trading. Also, since the trades have not actually been executed, the results may have over or under compensated for the impact, if any, of certain market factors such as lack of liquidity. You may have done better or worse than the results portrayed. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. No independent party has audited the hypothetical performance contained at this website, nor has any independent party undertaken to confirm that they reflect the trading method under the assumptions or conditions specified hereafter. While the results presented at this website are based upon certain assumptions believed to reflect actual trading conditions, these assumptions may not include all variables that will affect, or have in the past affected, the execution of trades indicated by captainewave.com. The hypothetical results on this website are based on the assumption that the client buys and sells the positions at the open price of the stock. The simulation assumes purchase and sale prices believed to be attainable. In actual trading, prices received may or may not be the same as the assumed order prices. 321gold Ltd |
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