GOLD , SILVER and the XAU

gold dec 24 2015silver dec 24 2015

gold fut dec 24 2015xau dec 24 2015

There are a few variations between , silver and the XAU (13 major miners), but taken overall it looks like we are at a serious low of sorts. This would be the initial 5 waves down for wave A, to be followed by a wave B. After that wave C will take down a lot further. In the mean time, if this is correct, there should be a decent bounce in of about $400. Silver has the potential to double and the miners could even triple. statistically speaking goes up when interest rates go up and not the other way as seems to be the consensus.