Wallpaper
This is my desktop wallpaper… as a reminder of the bigger picture for gold.
Edit: adding for silver… soo you need two screens for those 2 superb wallpapers!
Edit: adding some thoughts on my observations what this type of analysis is.. and what it is not…
This is a point and figure with with price cycle analysis. You cannot deduct time to reach targets from it. However, it does helps you see in a noise reduced way, if the lows are in and where (not when) new highs should be expected.
Like Northstar said when someone asked him why he draws bowls everywhere… he does it because there are there… I’m doing the same thing with this type of analysis. Think free!
Love ’em. Thank you Patrick.
Thanks Tshannon78!
Patrick…are you sure those cycle half circles work with point and figure charts? My difficulty is with the time axis.
Agree Jim, PnF with cycles is a stretch.
I’ve ever seen an X-axis like that.
The x axis is relatively meaningless… P&F remove time from equations.. so you get a pure price cycle chart. I think they are beautiful!
See my updated notes on the post!
Price cycle analysis… I’m pioneering this! Nothing for sure..
Free is good Patrick! Keep on truckin’ with your unique charts!