What To Expect In 2021 – Gold, Silver, And SPY

This second part of our special “What To Expect In 2021” article highlights our proprietary Adaptive Dynamic Learning (ADL) price modeling system and is specifically authored to help you understand where trends, price rotations, and risks may set up throughout 2021. In the first part of this article, we covered the ES, NQ, and INDU symbols – highlighting how each one of these US major indexes showed a moderately deep price correction would setup in Q2 or Q3 of 2021. The INDU showed the deepest correction event with a specific “ADL Price Anomaly” setup. This second part of the series will cover Gold, Silver, and the SPY

GOLD ADL 2021 PRICE PREDICTIONS

We will start out focusing on the Gold Futures Weekly Chart. Overall, the ADL Predictive Modeling system is suggesting a moderate melt-up in Gold prices – targeting the $2200 to $2400 level throughout the first 6+ months of the year. We don’t see the ADL system making any bold predictions about Gold prices reaching levels above $2500 in 2021. This is likely because we don’t see any real risk factors lasting longer than 3 to 4 months on the other ADL charts.

(Click on image to enlarge)

Yes, we do see some weakness in the ES, NQ, and INDU charts in Q2 and Q3, but we also see a recovery taking place near the end of 2021. Therefore, Gold will likely continue to melt up at a rate of about 15% to 25%+ per year. If Gold ends 2020 near $1900 and is predicted to reach levels near $2400 near the end of 2021, that would represent a 26% price increase in Gold for 2021.

SILVER ADL 2021 PRICE PREDICTIONS

The ADL predictions for Silver show two unique setups/peaks that are likely to prompt a much stronger price rally in 2021 than we see in Gold. While Gold continues to rally in a fairly consistent trend, Silver sees a rally phase in March through June 2021, then another rally phase in September through December 2021. You can see these drawn on the Weekly chart below as to “humps” in the YELLOW areas. Each of these peaks suggests that Silver will enter a phase where it will likely rally higher and faster than Gold. First, targeting the $33 to $35 level in May or June 2021, then targeting the $39 to $40 level in November/December 2021.

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