GOLD
Patty, using the exponential the signal works faster…
And this gives gold a BULL cross…
GDX Daily…
Looks like a BULL flag to me, ready to break out…
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WE ARE
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TOTALITARIANISM
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*DECODING THE NWO
PRE EXISTING T CELL IMMUNITY
THE SPANISH FLU OF 1918
THE ORIGINS OF COVID
POSTING INFORMATION
John nailed the last peak http://hurstcycles.com/gold-peak-coming/#sthash.Crnx5xG4.dpbs now what’s next if peak2peak ave 4 years ie 2012-16 (2011 was supposed to early if end 2011 was to be. Assuming 2012-2016 was the scheduled peak then next peak is 2020 but, a higher or lower peak?
The last time gold crossed above its 200-day moving average, in early 2016, gold went on to rally $230/oz., from $1,130 to $1,360. The Golden Cross occurred a few weeks later….
http://www.gold-eagle.com/article/gold-price-rallied-20the-last-time-happened
Thanks Eagle – I have used the SMA’s here since 2000 – zeroed-in on the first corrective sequence 2001-2002 for comparison and was surprised mainly by the relatively ‘fast’ turn-up in the 65 now vs then and the current slope of the 65 relative to the corrective sequence.
But your EMA’s showing the cross adds some timing to the equation – thanks!
Thanks, Eagle. GDX looking bullish now to me.