Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Monday, July 20, 2015
Jul 20, $gold outlook
Aroon cross suggests a buy within 2 days.... Also several cycles forming a bottom nest.
Looks very oversold...if you are so inclined, would you post an HUI or equivalent chart? great detail here inlet.
ReplyDeleteSister, similar patterns, but not exact replicas....
ReplyDelete