One Gold Chart That Will Signal Next Leg Up
Clickbait title I know….
Clickbait title I know….
My Gold & USD update is a Freebie this weekend. Enjoy… 😉
https://surfcity.co/2019/12/07/surfs-weekend-updates-58/
If Cycle Norms play out as expected, I think today’s price action in the USD could have a significant impact on where Gold & PMs are headed…
Surf’s Website: https://surfcity.co
Saying metals have some more work to do.
Miners saying, when metals correction ends, miners ready to rip.
Breaking higher today which were the expectations highlighted in my weekend update.
Cycle analysis meets Elliott Wave projections. Bitcoin very likely found a major low (ICL) this week at $7,400. Price closed on Friday near $8,300 and has surged overnight in an initial impulse move to $10,600 before pulling back to $9,200 currently but I have it on just Day 3 of what is likely a new Intermediate Cycle. The move from $7,400 to $10,600 was one of the top 3 Daily price gains in BTC’s history. My Cycle work also shows that the Dec 2018 ICL was also a 4 Year Cycle Low and either an Elliott Wave 2 or, more likely, a Wave 4 low.
If correct, the party is just getting started and both methodologies are projecting new ATH’s before the next 4 Year Cycle tops. Please see detail in my 5 Year BTC & GBTC Weekly charts which show that we are less that one year into a new 4 Year Cycle.
Do you have a seat on the Bus?
Looks like an Intermediate Cycle Low (ICL) may have formed.
Did you have the insight or courage to pull the trigger near the bottom?
https://surfcity.co/2019/10/25/heads-up-23/
Enjoy. 😉
https://surfcity.co/2019/10/24/surfs-up-241/
Enjoy. 😉
https://surfcity.co/2019/10/22/coffee-perking-up/
Have a great weekend and enjoy. 🙂
https://surfcity.co/2019/10/18/surfs-wrap-62/
Focused on the Gold Cycle. Enjoy 😉
https://surfcity.co/2019/10/11/surfs-wrap-60/
SPX is a freebie this week. Enjoy. 😉
https://surfcity.co/2019/10/09/surfs-mid-week-cycle-updates/
Here are 3 of my favorite “big picture” criteria points…
Surf outlined this move lower in Gold & PMs over a week ago on his Sept 25, 2019, update. Did anyone listen?
https://surfcity.co/2019/09/25/gold-the-usd-mid-week-update-17/
From this morning on the SPX, Crypto’s (BitCoin & GBTC) and Gold. Enjoy! 😉
https://surfcity.co/2019/09/24/surfs-up-232/
Enjoy. 😉
https://surfcity.co/2019/09/08/surfs-weekend-updates-46/