{"id":433545,"date":"2018-08-20T06:28:03","date_gmt":"2018-08-20T10:28:03","guid":{"rendered":"https:\/\/goldtadise.com\/?p=433545"},"modified":"2018-08-20T06:29:45","modified_gmt":"2018-08-20T10:29:45","slug":"comparison-with-golds-last-major-cyclical-upturn","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=433545","title":{"rendered":"Comparison With Golds Last Major Cyclical Upturn"},"content":{"rendered":"<p>Well, this is all very interesting isn&#8217;t it ? Doom and gloom abound in the PM space. The dollar is behaving in a way that it didn&#8217;t in the last 2 major cyclical dollar downturns. Is the dollar going to carry on rallying ? is gold going to $1000 or less ? After seeing a chart on Twitter by &#8216;TheHedgelessHorseman&#8217; I thought I&#8217;d have a closer look at the late 90&#8217;s\/early 00&#8217;s. Lets start with a straightforward gold chart&#8230;<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart609Gold.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-433546\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart609Gold-800x542.png\" alt=\"\" width=\"640\" height=\"434\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart609Gold-800x542.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart609Gold-150x102.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart609Gold-300x203.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart609Gold.png 840w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><\/p>\n<p>Pretty straightforward isn&#8217;t it ? The last major, cyclical bottoming process took place during the late 1990&#8217;s and early 2000&#8217;s, so I drew up some charts for gold and the dollar to compare&#8230;<\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart605Gold.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-433547\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart605Gold.png\" alt=\"\" width=\"688\" height=\"528\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart605Gold.png 688w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart605Gold-150x115.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart605Gold-300x230.png 300w\" sizes=\"auto, (max-width: 688px) 100vw, 688px\" \/><\/a><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart606Gold.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-433548\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart606Gold.png\" alt=\"\" width=\"684\" height=\"529\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart606Gold.png 684w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart606Gold-150x116.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart606Gold-300x232.png 300w\" sizes=\"auto, (max-width: 684px) 100vw, 684px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart607Dollar.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-433549\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart607Dollar.png\" alt=\"\" width=\"687\" height=\"530\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart607Dollar.png 687w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart607Dollar-150x116.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart607Dollar-300x231.png 300w\" sizes=\"auto, (max-width: 687px) 100vw, 687px\" \/><\/a><a href=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart608Dollar.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-433550\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart608Dollar.png\" alt=\"\" width=\"693\" height=\"530\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart608Dollar.png 693w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart608Dollar-150x115.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2018\/08\/Chart608Dollar-300x229.png 300w\" sizes=\"auto, (max-width: 693px) 100vw, 693px\" \/><\/a><\/p>\n<p>History doesn&#8217;t necessarily repeat exactly, but it can be a good general guide as to what you can expect. It will take a while longer, but at this stage, I do believe we are still very much on course to complete the bottoming process. This will only be confirmed by a break above the horizontal resistance zone though.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, this is all very interesting isn&#8217;t it ? Doom and gloom abound in the PM space. The dollar is behaving in a way that it didn&#8217;t in the last 2 major cyclical dollar downturns. Is the dollar going to &hellip; <a href=\"https:\/\/goldtadise.com\/?p=433545\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-433545","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/433545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=433545"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/433545\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=433545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=433545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=433545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}