This is especially for you. We need to add more muddy water to the miner picture. At some point I am sure it will all become very clear.
There is a prominent 7 to 8 year cycle for gold and the miners. Some say 7 some say 8, it seems to vary a bit as time moves forward, so we say 7 to 8. The time cycles mark major lows on the charts. Re the cycle they can be a bit early or late.
Gold, one might wonder why it has not busted out here. Is it in the magnetic pull of the mighty cycle? So be aware of the cycle, and to a lesser extent the astro.
No positions, just watching.
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This is the gold and recent 7 to 8 year cycle lows. Most recent seems close to a 7 year cycle. Next major cycle low shows up end of 2022 to mid 2023, unless it does not. The dollar might have something to do with this, the dollar is moving up, getting close a significant BO point.
The XAU and time cycles for a near exact 7 year cycle. So exact it looks more than random. The 2016 low occurred a few months early. The next cycle low should occur mid 2023 to mid 2024, unless it doesn't.
Recent astro middle terms and declinations turns for gold. Very hit and miss, but a few big hits. The next turn coming up is on 3/30. I have mentioned with w/r to general indice charts, this may be an important one, we won't know until 3/30.
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