Goldtent TA Paradise

looks like one last drop into the 8 year cycle low by October…

1. Krystar says:

   September 9, 2016 - 4:28 pm at 4:28 pm

   very good TA…never seen this before today

   • Krystar says:

     September 9, 2016 - 4:30 pm at 4:30 pm

     I have a target of end of november based on astro…close enough eh

2. Wxman99 says:

   September 9, 2016 - 4:40 pm at 4:40 pm

   I posted two days ago, and got no comments…only mine

   Gold 8 year cycle(green vertical lines): higher low than two previous 8yr bottoms
   -> Posted by Wxman99 @ 13:50 pm on September 7, 2016 :: Edit post 1 Comment

   • Krystar says:

     September 9, 2016 - 5:04 pm at 5:04 pm

     higher lows are good as that confirms that bull market is in tact

3. Wxman99 says:

   September 9, 2016 - 5:08 pm at 5:08 pm

   yes…this 8 yr low is not even noticeable as a low, yet…gold should really rocket up after the low arrives

4. Surf City says:

   September 9, 2016 - 5:33 pm at 5:33 pm

   My only thoughts are that cycle times are not exact and that it is very possible that the 8 year low (Two 4 Year Gold Cycles) occurred early in January 2016.

   I am expecting a yearly cycle low (YCL) later this fall in the mid Oct to early Nov timeframe.

5. Fullgoldcrown says:

   September 9, 2016 - 11:03 pm at 11:03 pm

   This is a great look Wxman

   the 8 year lows look solid

   I agree with Surf though Looks like this incredible cycle has started right at the beginning of each 8th year

   Thanks guys….great stuff

6. Wxman99 says:

   September 9, 2016 - 11:27 pm at 11:27 pm

   FGC, It’s possible that the 8 yr bottomed early, but my chart has exact 8 yr intervals.
   If it is like in my chart then we might have a somewhat sharp drop into early October.
   I don’t think that we will drop below the June 2016 low.

7. Surf City says:

   September 10, 2016 - 2:16 am at 2:16 am

   Wxman, I would argue that no cycle, on any length, is exact. Every asset, from the shortest to longest cycle, has a normal timing band that varies with the rhythms of investor psychology (Bearish to Bullish to Bearish again).

   For example, on your chart, you show an 8 year low in 2001. This was actually a retest of Gold’s actual Bear low in late 1999. So is the 8 year low in 1999 or 2001? I would argue that 1999 was the actual 8 year cycle low and that it took 9 years, not 8 for the next one in late 2008.