Tuesday, September 22, 2009

The Gold Cycles: Next Low Expected Early/Mid October, Next High in December.

Marketclub released a new video explaining the recent gold cycles and why we see ups and downs and no definitive breakput. They have found out that there are cycles between lows roughly every 87 days or so, as well as between highs every 100 days.

Based on this, the next cycle low would be in early/mid October, while the next cycle high would be in late December. This matches with the fact that gold has not zoomed higher, but is slowly inching upwards.

The video gives exact dates, so they will be either proven either very right or very wrong.

You may watch the educational video here.

UPDATE OCTOBER 9: Please see an update on the video here.

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