This is the XAU oscillator signal from last summer that predicted the low this winter, originally it looked like Oct/Nov would be the low and later I updated it to late Nov. , but have now looked at it again and decided that the Dec. low works. Money flow divergence and other momentum oscillator divergences (second chart) are also giving confirmation to a low here as well as the trendlines on the price chart. A high should happen in March which is in agreement with John's Hurst cycle post below this one.
Happy New year to everyone.
Russ
Edited by Russ, 31 December 2016 - 06:00 PM.