Analysis and Trading of Financial Markets

Gold Bugs – pt. 2

 

Gold continues to be one of the easier commodities on the board to trade using Hurst’s methodology. The weekly chart below shows a series of lower 20 week highs dating back to the 2011 high. The price will enter the leading edge of its 8 year cycle low window (not shown) this year. Cherry-picking the low should be relatively easy due to the very consistent sub-division of the shorter waves. Have fun!

 

GC ##-## (Weekly)  Week 15_2010 - Week 1_2016

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