Andrew Pancholi
Market Timing Report
This week we see significant weekly cycles on gold. When these cycles come together as they are doing, there's a 90% probability of a reversal in trend. However, we should also be on alert for a potential acceleration just in case the 10% possibility comes in.
Take a look at this weekly chart.
In this you can see a series of histograms below the price data. This is not volume. These are our proprietary Profit Finding Oracle signals. They are predictive – in other words they are known in advance. And when we see significant spikes, we are on alert for market reversals. You can also see that historically, previous spikes have aligned with turns and changes in trend. The spike showing for this week is significant and one of the largest that we have seen in the last three years. By the way, you will also see that future spikes are forming.
Returning to this week, we need to be on alert for a potential trend change.
However, the story doesn't stop there.
Here is a daily histogram set and you will see that we are seeing peaks for the next 2 days suggesting that these cycles are peaking round about now and the market could turn at any point.
So precious metal traders, be on alert!
The Market Timing Report/Cycles Analysis Ltd is a research company. The information contained herein is for general education purposes and is not intended as specific advice or recommendations to any person or entity. Any reference to a transaction, trade, position, holding, security, market, or level is purely meant to educate readers about possible risks and opportunities in the marketplace and are not meant to imply that any person or entity should take any action whatsoever without first evaluating such action(s) in light of their own situation either on their own or through a professional advisor. If a person or entity does not believe they are qualified to make such decisions, they should seek professional advice. The prices listed are for reference only and are in no way intended to represent an actual trade, entry price or exit price conducted by The Market Timing Report/Cycles Analysis Ltd, portfolios managed by any entity affiliated with The Market Timing Report/Cycles Analysis Ltd or any principal or employee of The Market Timing Report/The Market Timing Report/Cycles Analysis Ltd . This information is not a substitute for professional advice of any nature, including tax, legal, and financial. While we believe the information contained herein to be accurate, all numbers should be verified by the reader through independent sources. Trading securities, options, futures, or any other security involves risk and can result in the immediate and substantial loss of the capital invested.
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