58 replies to this topic

[tria]

Nothing to add to my last Sunday's 4/5 post.

Gold should trade just for a few more days above $1,200 and then drop for the rest of the month imo.

May could be a small rebound/consolidation month and then..............., then here comes the Judge.
Sorry, I mean then comes the infamous June low.

Eric speaks of a late June/early July low.

SilentOne, John has the 22/23 week cycle low is due in April.

All I have, are these two babies "borrowed" from my friend Eddie in the T-theory forum.

http://stockcharts.com/h-sc/ui?s=$GOL...7&cmd=print

http://stockcharts.c...p...7&cmd=print

Needless to say I plan to short any 8,4,2 or even hourly overbought RSI readings later this week.

No need whatsoever to plan from now, when or at what level the summer low may come.
I am sure we will have some pointers for such an event.

-tria

[Russ]

Tria, Your chart links are not working. Russ

[tria]

Tria,

Your chart links are not working.

Russ

Russ, I have posted them before a few times as well, but sorry for the problem.

http://stockcharts.com/h-sc/ui?s=$GOL...7&cmd=print

http://stockcharts.c...p...7&cmd=print

-tria

[tria]

Tria,

Your chart links are not working.

Russ

Russ, sorry for the problem. I have posted them a few times in the past.

http://stockcharts.com/h-sc/ui?s=$GOL...7&cmd=print

http://stockcharts.c...p...7&cmd=print

http://stockcharts.com/h-sc/ui?s=$GOL...id=p63162214257

-tria

[AChartist]

But I'm the only saying up 2 weeks first, then this just came in. My volume weighted moving avg model is extremely oversold at a higher low, this is bullish at least a reaction I cant say it sticks from that. Gold-Backed SDR "Is Quite Likely To Happen", LSE's Lord Desai Warns Submitted by Tyler Durden on 04/12/2015 - 21:45 As many are increasingly coming to terms with the 'obvious failure of fiat currency', the inevitavble question arises "what next?" Earlier this year, we discussed the possibility of a Chinese- or Russian-currency backed by gold, amid the increasing calls (domestically and abroad) for an end to USD Reserve hegemony; but this weekend, as Bloomberg reports, Lord Meghnad Desai, chairman of The Official Monetary and Financial Institutions Forum, stated that IMF Special Drawing Rights (SDR) should contain some gold to help stabilize the currency.

[cafeflorida]

Terry Laundry did establish a 25 week cycle low in gold, and from one of
the old charts he annotated, one can see that, as he says, the 25 week
cycle low to low is dominant.

https://www.hightail...0OW4wMEg0WjhUQw

He comments on the phenomenon in a chapter from the gold tutorial, an
.mp3 from 2012.

https://www.hightail...qVEhwM25WUThUQw

[tria]

Terry Laundry did establish a 25 week cycle low in gold, and from one of
the old charts he annotated, one can see that, as he says, the 25 week
cycle low to low is dominant.

https://www.hightail...0OW4wMEg0WjhUQw

He comments on the phenomenon in a chapter from the gold tutorial, an
.mp3 from 2012.

https://www.hightail...qVEhwM25WUThUQw

Terry's 4/16/3012 chart

Gold's 30 Week Optimum Moving Average vs 25 Week Cycle Low Pattern

https://ttheoryforum...-25wk-cycle.pdf

-tria

[SilentOne]

Terry Laundry did establish a 25 week cycle low in gold, and from one of
the old charts he annotated, one can see that, as he says, the 25 week
cycle low to low is dominant.

https://www.hightail...0OW4wMEg0WjhUQw

He comments on the phenomenon in a chapter from the gold tutorial, an
.mp3 from 2012.

https://www.hightail...qVEhwM25WUThUQw

Terry's 4/16/3012 chart

Gold's 30 Week Optimum Moving Average vs 25 Week Cycle Low Pattern

https://ttheoryforum...-25wk-cycle.pdf

-tria

For perspective ...

In 75 years of data, the largest % declines in the BGMI (for a 4 year period max.) have ranged from 68 - 75% as follows:

March '08 - 2008 lows 68%
1980 high - 1982 lows 71%
1996 high - 2000 lows 75%

2011 high to present. 71.5%

N.B. 1635 - 467 (March '15 low)/1635 = 71.5%

Edited by SilentOne, 14 April 2015 - 07:33 PM.

[dharma]

Terry Laundry did establish a 25 week cycle low in gold, and from one of
the old charts he annotated, one can see that, as he says, the 25 week
cycle low to low is dominant.

https://www.hightail...0OW4wMEg0WjhUQw

He comments on the phenomenon in a chapter from the gold tutorial, an
.mp3 from 2012.

https://www.hightail...qVEhwM25WUThUQw

Terry's 4/16/3012 chart

Gold's 30 Week Optimum Moving Average vs 25 Week Cycle Low Pattern

https://ttheoryforum...-25wk-cycle.pdf

-tria

For perspective ...

In 75 years of data, the largest % declines in the BGMI (for a 4 year period max.) have ranged from 68 - 75% as follows:

March '08 - 2008 lows 68%
1980 high - 1982 lows 71%
1996 high - 2000 lows 75%

2011 high to present. 71.5%

N.B. 1635 - 467 (March '15 low)/1635 = 71.5%

interesting john, the gann guy has been saying something similar
perspective is everything
dharma

[Russ]

Tria,

Your chart links are not working.

Russ

Russ, sorry for the problem. I have posted them a few times in the past.

http://stockcharts.com/h-sc/ui?s=$GOL...7&cmd=print

http://stockcharts.c...p...7&cmd=print

http://stockcharts.com/h-sc/ui?s=$GOL...id=p63162214257

-tria

Yes Tria, I have followed those charts before, very good stuff. Thanks for re-posting them.

Russ