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Gold: A Big Correction or Just A Pause?captainewave May 25, 2024 USDX: We will provide our updated projections for the end of wave c after wave b ends. -iii- = 1.618-i- = 1773.38! $iii$ = 4.236$i$ = 693.73. Wave $iii$ appears to be subdividing with wave !i! ending at 564.03 and wave !ii! at 536.31. We are now rallying in wave !iii! which we think is now heading to our second projected endpoint of: !iii! = 2.618!i! = 658.99. We still expect higher prices in the days/weeks ahead as we continue to work on our extending wave !iii! rally, with next major resistance being in the 630.00/645.00 area. Our current projected target for the end of wave !v! and -iii- is: We do have one higher projection also. Trading Recommendation: Long gold. Use puts as stops. We have updated our count for silver to suggest that wave ii did indeed end at 18.01, and that we are working on a powerful wave iii rally that is full of nested bullish waves, as shown on our Daily Silver Chart (iii) = 2.618(i) = 36.64. Within wave (iii), we completed wave -i- at 26.23 and wave -ii- at 20.85 and are now rallying in wave -iii-, which has a current projected endpoint of: -iii- = 2.618-i- = 37.32. Within wave -iii-, we completed wave *i* at 23.88 and wave *ii* at 21.98 and we are now rallying in wave *iii* which has an updated projected endpoint of: *iii * = 6.250 *i* = 40.92. $iii$ = 1.618$i$ = 39.08. If this nested analysis is correct, then silver is going to explode to upside in the weeks ahead! Thank-you! 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. 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