Another Warning
David Hunter thinks that this move in gold could go up until it reach about 1500, hurst cycle thinks the same…..and we are not so distant from that level.
David Hunter thinks that this move in gold could go up until it reach about 1500, hurst cycle thinks the same…..and we are not so distant from that level.
Sid Nelson who uses EW and Hurst Analysis does not confirm with this Hurst cycle view. He currently sees gold heading up through 2025 (with troughs along the way). Of course his view can change, but just like with EW analysis, there are countering views using Hurst tools.
BTW, one of Dave Hunter’s more recent Twitter posts asserts that $1550-$1600 may prove to be too conservative an upside estimate … meaning it has legs to go higher.
Interesting, thanks.
Hurst Schmurst
Hunter Schmunter
Wall of Worry !!
It’s summer..be a grasshopper
🙂
He was wrong in his previous post in November 2018 and never bothered to follow up from it . Guy basically pretended it didn’t exist – so why should one follow this one ?