Loading ...The Developing Roadmap For Gold
Following my silver ‘big picture’ chart, I thought I’d take another look at gold. It looks like we have a long way to go yet. Plenty of bumps along the way, to throw off the uninitiated investor. That 8 year cycle low remains the focus for my attention though.
Yes 2023 should be a significant correction year, so the strategy will be to sell into the highs in 2022, then buy back after the 2023 lows.
Easier said than done though.
It is a lot easier said than done Sir. I’m going to have to hold a core position I think. If you sell half your position $100 after the top and buy back $100 after the bottom, that should still give hundreds of Dollars benefit. Sounds easy doesn’t it ? lol 😉
Do you think 2022 is most likely for this 8 year cycle peak ? I was considering the possibility it peaks late next year…
If start hitting important measured moves around late 21… could be signal we topped.
Indeed. I think Price will be important in letting us know when time is up, and the cycles analysis guys will be a big help too.
IF things go sideways your last cone might have to be moved quite a bit higher. Let’s hope it is more orderly and the world regains it’s composure.