Hi Gary, is there a target for how low can the price go down to during the daily cycle low?
Cycles are mostly useless for picking targets. I just watch for a swing once we are clearly into a correction.
Thanks Gary. I am here suiting in Asia watching your charts & cycle theory's it works perfect and made a handsome profit of 13% on a portfolio basis within 4 week especially for beginner like who have no idea about gold stocks the cycle mixed DOCs opinion forms a perfect blend. By the way your service subscription does it include recommendation on gold stocks as well to invest?
These charts highlight the zone of which the Bulls will be put to test, if this is the breakout the bulls suggest is so with gold and the miners putting in their lows off $1240 than 250 HUI and $1360 Gold will need to be left behind..........jj
I do hope you are right Gary. Would love to buy into the miners. Am watching and waiting and listening.Next week will be very interesting I think.
I think when gold goes above $1400 again, then it's a clearer signal that it's out of it sideway movement (since july 2013) and into an up movement again. But as long as it's below 1400, I for myself feel unsure about whether the overall trend-movement will be up or down. As long as gold moves between 1200 and 1400, I think it's hard to say what the new trend will be anyways.I myself actually am massively (for my weatlh) betting atm on an upside for gold, silver and miners
Your analysis of the S&P 500 in the subscriber's weekend report was brilliant!It really put things into sharpened focus for me to see what the other world stock market's are doing right now.Thank you.
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