5 week cycled topped (turned down),. Ditto for 10 week cycle. first half of August may be down hill. (XAU added as update)
Good luck traders
GOLD:
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.
Tuesday, July 30, 2019
Saturday, July 20, 2019
outlook week of July 21, 2019
10 week cycle topped as 5 week cycle bottomed and turned up (along with uptrend for 20 week cycle). 2 cycles up (mo up should win next 2-5 days).
Good luck
Sunday, July 7, 2019
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