Goldtent TA Paradise

Based on my cycle analysis, we are on day 20 and 23 respectively for Gold and GDX of Trading Cycle 1 of a new 5-6 month Intermediate Cycle. We usually see Trading Cycle lows (some call them Daily Cycles) within a timing band of 23-29 days on average.

Since the start of the January 2016 uptrend, however, most TC Lows have been very mild with some only testing rather than breaking my Trading Cycle uptrend lines. As a hedge for my Core Positions (Spocks Rocks plus some of my own), I have a small position in JDST as of yesterday.