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gld and the52 week cycle


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#1 gannman

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Posted 29 July 2017 - 03:41 AM

gld bottomed on dec 17 2015 and then rallied

 

it also bottomed on dec 15 2016 and then rallied

 

gld toppedd on july 6 2016 and so far has bottomed 

 

on july 7 2017

 

i dont think this is a coincidence

 

gann was week on the 52 week cycle 

 

so that is what seems to be happening with gld fwiw


Edited by gannman, 29 July 2017 - 03:46 AM.

feeling mellow with the yellow metal


#2 gannman

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Posted 29 July 2017 - 03:47 AM

gann was big not week ha ha


feeling mellow with the yellow metal


#3 AChartist

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Posted 29 July 2017 - 08:20 AM

there are oscillating cycles in there cant say short term,

 

the huge correlated up cycle is 65 weeks period,

 

there can be a lowpoint in 6 weeks Sept 9,

 

highs in 20 and 30 weeks out.

 

remember a while ago I was saying 40-50 weeks out, its still there in that time frame.


Edited by AChartist, 29 July 2017 - 08:28 AM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 gannman

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Posted 29 July 2017 - 06:33 PM

thanks tim 20 to 30 weeks out sounds good to me


feeling mellow with the yellow metal


#5 AChartist

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Posted 29 July 2017 - 09:06 PM

well I hope it means 20 and 30 weeks for two sequential highs, but have to see how it looks at

 

20 weeks if more potential to 30 weeks.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan