Loading ...Gold and Miner Trading Cycles
All is well with the charts of Gold, Silver and the Miners in my Cycles Book and I was actually adding to positions today.
This is right about where we often see a half Cycle Low within a Trading Cycle.
I have Gold and Silver on day 10 and the Miners (GDX) on day 9.
Last stop 61.8 off recent high-low else might take longer to recover.
The USD has advanced around the same 61.8% from its recent low.
Maybe we have not seen the DCL for the USD just yet?
I am not sure if any members use Sun angles in their analysis of stocks?
These angles can be obtained from the Swiss Ephemeris
This year we have seen some important turn dates occur when the sun angle is around 15 degrees and 29 degrees
That puts 07-08 Aug and 21-22 Aug on my calendar as potential turn dates.
I find this useful when used in conjunction with cycle analysis.