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gld the hui and the 9 month cycle


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#1 gannman

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Posted 25 May 2017 - 08:43 AM

this is just a theory of mine something i think is a possibility

 

i am saying there is a nine month cycle that runs thru the whole gold complex

 

the metals and the stocks

 

the gdx topped aug 12 and now seems to have bottomed may 4 possibly remains to be seen

 

gld bottomed around dec 17 9 months from that is sep 17 and then nine months from that is june 17

 

notice how gld is sensitive to the solstices and the equinoxes interesting 

 

if i am right after the fed meeting and the equinox i  believe gld will take off very strongly

 

and be in an up cycle for 9 months into march of 2018 after which we can expect a stronger pullback

 

it is just a theory but over the years i have noticed the number 9 has a strong effect of the complex 

 

take it with a grain of  salt this is def not etched in stone


feeling mellow with the yellow metal


#2 gannman

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Posted 25 May 2017 - 09:43 AM

when i say dec 17 i mean dec 17 2015


feeling mellow with the yellow metal


#3 gismeu

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Posted 25 May 2017 - 10:04 AM

Hi, Gannman,

 

<<if i am right after the fed meeting and the equinox i  believe gld will take off very strongly>>

 

well, my daily cycle hasn't bottomed just yet, but it should in a few days and then we should go back up at least

to the 1295 area. But I like your 9 month cycle.

 

gis


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#4 Russ

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Posted 26 May 2017 - 04:49 AM

Gold is off and running this morning having broken above it's trading range, it should now break above 1300 and go on to challenge last summer's highs.


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#5 kssmibotm

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Posted 28 May 2017 - 10:36 AM

This chart says gold could go either way.

 

Joe-friday-gdx-going-to-breakout-of-penn



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#6 dharma

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Posted 29 May 2017 - 09:42 AM

gannman, as you know gann used the 4 seasonal times of year  as important information. his year started on some charts w/the equinox in march.

and i too tend to think there is a 9month cycle in gold . 9 is a powerful #

above , i have looking at that pattern as a pennant.

seems to me w/ the golden cross, and the downtrend line from the 11 high being very near now, i suspect we test that line on the next rally

dharma



#7 Smithy

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Posted 29 May 2017 - 11:01 AM

Dharma, your TL from 2011 currently crosses at spot 1282.



#8 gannman

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Posted 15 June 2017 - 02:45 AM

i also think once we get the solstice out of the way next week we are looking at a 

 

strong 6 months at least of price appreciation for gld say into dec just my take fwiw


feeling mellow with the yellow metal


#9 dougie

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Posted 15 June 2017 - 07:33 PM

This chart says gold could go either way.

 

Joe-friday-gdx-going-to-breakout-of-penn

PAtterns that are that far in are somtimes headfakes