Gold weekly broke out of 7/7/14 high by a dollar that looks like a lagarde date. I guess rules require it to hold one week.
cycles are still mixed, last week was a clue. On the high day cycles scattered indicating a phase transition
that would anchor the low cycles in the past. 1382.5 weekly close would be monstrous when it happens.
There is really no volume by price resistance above 1382.5 should be huge.
I expect transition is up by my bias. But did not finish the week that well for cycles, leaving the lows hanging.
This is telling that a trust up will bottom those cycles but have to actually see it and has not occured yet, yet dont second guess a thrust,
chase it shamelessly. Its a to a fro cycles go through in transition.
The last time I explained this mechanism was when there were looming RUT low that got cancelled by the cycles going into a
sudden rephasing what I call scattering. Its a clue that this occured midweek in $gold but is not locked in yet.
