Aug 24, 2013 - Gold cycles

There is never just one cycle, but multiple cycles at any given point in time.  Sometimes though cycles align so that multiple cycles bottom or top at the same time.  This happened with gold in June as a bottom was set. 

It would be so easy if we could just pick "a" cycle and get the complete picture, but we can't.  If we look at the gold chart we see a 13 1/2 month cycle,  a 6 3/4 month cycle (often identified as a 7 month cycle) that is half the 13 1/2 month cycle, the Wall cycle (4 1/2 month or 1/3 the 13 1/2 month cycle or 20 weeks or 142 days) and a half Wall cycle (10 weeks). 

On the following charts I have tried to identify times when the effect of each of these cycles is  visible and somewhat dominant.  We are now in a time where all these cycles bottomed together and turned up together giving us a vigorous bounce off the bottom.

See for yourself: