I find it a bit hard to connect all the fundamental dots and linkages here .... general markets, tech, bio tech, NG, crude, gold, silver, crypto, dollar .... etc. I guess then it best to go by the charts eh?
Lot of stuff going on.
I do not 'mess' with shorter term cycles too much. The degree of difficulty is higher, and the accuracy is lower, compared to the intermediate to longer term cycles.
That being said there is a somewhat known shorter term gold trading cycle, it averages in length about twenty weeks, with some give and take.
The start of the current 20 week cycle bottom to bottom was that ~ mid 2024 November low. This coming week starts the 15th week of that cycle, and it is extremely rare for the top to make it thru the 18th week.
The topping cycles or crest timing of that 20 week cycle a bit harder to predict than the bottoms. But the window for a top seems to open this week.
But here we are, the three trend lines are what I think are important lines, two have been hit so far.
Jmo this should be a significant top, if'n it tops in this window.
Tweets
 |