The 13 week cycle appears to have bottomed but it is limping along through the early stage of the up phase.
Gold is still probing for a 13 week cycle low. The cycle projection has dropped and so has the projection for the 9-12 month cycle. Here are the details on what to look for.
Gold continues to oscillate in a narrow range in what could be a consolidation or could be a top. Here’s what I’m looking for.
Gold has rebounded from support, signaling up phases in short term cycles and probable bottom formation in the 13 week cycle. Here’s what to look for.
Long term indicators now give abundant reason for caution on the timing of the potential resumption of the uptrend. Here’s what to look for, and look out for.
There was no material change in the gold outlook, but HUI plunged through key support on Wednesday. This is an interim update on how this affects the outlook. The full weekly report will be posted on Monday morning as usual.
The latest price action raises the possibility of a deeper correction before the uptrend resumes.
Indicators and cycle conditions were little changed last week. Here’s what it means for the uptrend for the rest of this year and beyond.
The thing about racetrack is that the cars move fast, but they get nowhere.
Shorter term indicators are mixed.