Gold Signals New Surge into Next Phase of Uncanny 27 – 29 Week Cycle; Midpoint of 55 – 59 Week Cycle Projects Focus to March 2020. For What???
08/06/19 The Bridge: “As the time frames between successive highs becomes shorter and shorter, it also ushers in the time for a blow-off advance – when a market surges into a high and then begins to expand successive cycle highs while a larger-magnitude correction takes hold. It represents the constant ebb and flow of cycles.
With Gold closing above its late-June & mid-July peaks, it has extended this advance sooner than expected and shows that the August ’19 cycle highs – in Silver, Platinum and the XAU – could also time a peak in Gold.
There is at least one other cyclic reason why this is a possibility. It involves the most consistent weekly cycle in Gold, over the course of the past 3 – 5 years…
The 55 – 59 Week Cycle, cited in the beginning of this previous quote and discussed repeatedly over the course of the past few years, is the cycle in question. It timed the late-Jan. ‘18 peak, late-Feb. ‘19 peak and has been forecast to time another peak in March/April 2020.
In between, the corresponding 27 – 29 Week Cycle has not only converged on each of those peaks, but also precisely timed the intervening July ‘17 & Aug. ‘18 lows.
A ~6-month high-high cycle from the Feb. ’19 high would produce a multi-week (or multi-month) peak in Aug. ‘19 and create the 55 – 59-Week Cycle midpoint between that late-Feb. ‘19 and forecast Mar./Apr. ‘20 highs.
So, Gold does have at least two consistent weekly cycles that could also produce an important peak in August 2019… On a monthly basis, Aug. 2019 is also the culmination of the 2 – 3 month buy signal that Gold triggered on May 31.”
Gold finally signals completion of multi-week consolidation and projects new surge in Aug. ’19… as stocks are confirming ‘August 2019 Plunge Cycles’. Gold’s May 31 monthly buy signal (projecting 2 – 3 month surge) still intact and projects focus to next phase of 27 – 29 Week Cycle (Aug. 26 – 30 = greatest synergy of weekly cycles). Silver, Platinum & XAU concur, with rallies projected to last into/through Aug. ’19. XAU monthly trend signal is critical, with focus on Aug. 30.
Why is Gold’s Uncanny Web of Weekly Cycles so Consistent?
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