Confirmed Short-term Signal: Gold Market Cycle Analysis

| April 16, 2012

A cycle high signal was generated today, confirming that the alpha high (AH) of the current short-term cycle formed on April 12.

An extended alpha phase decline that moves below the last short-term cycle low (STCL) would reconfirm left translation and favor additional short-term weakness. Alternatively, a shallow decline followed by an extended beta phase rally that moves well above the last beta high (BH) would signal a likely transition to right translation.

Category: Gold, Signals


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