Gold looks like it will do more than retest 1278. I'm betting on a pullback deeper than that. The question is, do we hit 1296/1300 area before the pullback, or on the move higher following the pullback?
Yeah, he'd give Ali a run for his money in the duck and weave department.
This 90 cycle is a thing in a few quarters, Gann being one. I was looking at this ~10 year cycle we have been on, I guess that the 90 year may just mean the ~10 year sees a "right translation" to 11 years.
It just feels like the ship is creaking and groaning albeit still afloat. The captain can't be getting any sleep, at least for now...
Gold Monthly with Cumulative Volume Index. Bottomed 2015 prior to the move up. Diverged into the "big top" in 2011, well kind of... certainly not a confident endorsement. It seems to lead somewhat, looks close to breaking significant levels.