Loading ...GDX Miner Cycle
The Gold Cycle is still muddled to me but the miners appear to have found a TC1 Low on Day 21 and we appear to be on day 4 of TC2.
The timing for the TC1 low is a bit short at 21 days but still very probable given three other cycle indicators leads me to believe we have started the 2nd Trading Cycle here: 1) We made a “swing low” on Monday 2) we closed above my TC1 cycle downtrend line and 3) We closed above the 10dma.
Here is my TC2 Fork which should channel price into a cycle high until it breaks to the downside.
most helpful, thank you!