8 replies to this topic

[gannman]

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

[gannman]

when i say dec 17 i mean dec 17 2015

[gismeu]

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

[Russ]

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.

[kssmibotm]

This chart says gold could go either way.

 

[dharma]

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

[Smithy]

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

[gannman]

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

[dougie]

This chart says gold could go either way.

 

PAtterns that are that far in are somtimes headfakes