Gold Update - September 25th, 2013..The atrophy on HOURLY CLOSES on downside was roughly -2.5$, which suggests that 1346.25 GCZ should print - what we got was 1344.Have a good weekend!
Tag: Gold Cycles
September 27, 2013chanakya
NEM has been analyzed as a proxy for this Sector. Our April 2013 post, $GOLD through the Eyes of Miners ($NEM), while predicting a bottom for GOLD on April 15th, 2013 said that NEM should hit its closing high in August 2013, a retest (or possibly a higher in October 2013), ...
September 23, 2013chanakya
See belowGOLD Neural is ready so you will start seeing PRICE projections like ES.Cycles are $GLD based and I am translating that to GC nearest contract. As always Cycles invert and at times they don't translate into PRICE amplitude
July 12, 2013chanakya
Here is the Cycle for this week.7/8 is KEY DAILY CIT and should launch a trending move in GOLD. Inverting again? Low?7/9 BAR compared to 7/8 BAR should reveal direction.
July 7, 2013chanakya
See below. This week.$GLD seems to following an inverted cycle still and that may portend that although a large counter trend rally looms it may be corrective. Will see if the behavior reverts at some point
June 30, 2013chanakya
$GOLD through the eyes of Miners ($NEM).. In the last post 5/2 was listed as a BUY for GOLD going into 5/8. From 4/15-18 posts showing 4/15 as a bottom at 1326 GOLD moved higher into the below twin top specified on 4/18 for $160 GOLD higher into 4/30-5/8 twin top CIT's - ...
May 10, 2013chanakya
$GOLD through the eyes of Miners ($NEM).. From the exact day of GOLD bottom:That was a $146 swing up and now $45 down overall and $37 from 4/30 chanakya wrote:GOLD higher into 4/30-5/8 twin top CIT's - ST TOP and then possible reversion of cycles should occur in May-June 2013. Refer to ...
May 1, 2013chanakya
4/14 was the GLD CIT for bottom. The time series is for GLD which opened on 4/15. Sunday CIT reflected on Monday CLOSE for GLD.GOLD at a major bottom and highly likely that monthly lows in May through July period will be higher lows. July is when momentum will hit ...
April 18, 2013chanakya