Loading ...Wxman’s 8 year Cycle Chart
A big shout out to WXman
He has been trying to get our attention with his 8 Year Cycle Bottom’s Chart
To be honest I scrolled past it because I couldn’t really see the cycles at a glance
The chart is too complex and filled with many other notations…including tops BUT
The simplicity of this pattern blows me away
Wxman has postulated the next bottom is due in October
Surf City points out …it looks like the 8 year bottoms are all very near or right in January…so the Bottomz Inn !
I agree…look at the 8 Year Gold Bottom Cycle Chart stripped of all other lines…with the Dollar overlaid
Thanks Guys…this is so simple the mind boggles
Gold’s two longer Cycles are it’s 5-6 month Intermediate Cycle and its Four Year Cycle.
It also has a Yearly Cycle (2 Intermediate Cycles) and an Eight Year Cycle (2 Four Year Cycles).
The Yearly Cycle and the Eight Year Cycle normally have the more severe Lows.
FWIW, the first 6 Month Intermediate Cycle Low for Gold was in late May and was quite mild with about a Fib 38% retrace. Therefore, we should expect the next IC Low to be more severe as it will be the first YCL since the Bear Market Low.