{"id":161201,"date":"2019-12-05T11:22:58","date_gmt":"2019-12-05T16:22:58","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=161201"},"modified":"2019-12-05T10:45:39","modified_gmt":"2019-12-05T15:45:39","slug":"7-year-cycles-can-be-powerful-and-gold-just-started-one","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/12\/7-year-cycles-can-be-powerful-and-gold-just-started-one\/","title":{"rendered":"7 Year Cycles Can Be Powerful And Gold Just Started One"},"content":{"rendered":"
December 5, 2019<\/div>
\r\n<\/div><\/div>

By TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n

Our research and predictive modeling systems have nailed Gold over the past 15+ months.\u00a0 We expected Gold to rally above $1750 before the end of this year, but the global trade wars and news cycles stalled the rally in Gold over the past 2 months.\u00a0 Now, it appears Gold is poised for another rally pushing much higher.<\/p>\n

But wait, if you\u2019re thinking I\u2019m just another one of those traders who is always bullish on gold, just know I have been telling the truth about where gold was headed<\/a><\/strong> (lower) for years, but finally, the tide has changed!<\/p>\n

Gold broke down from a bull market in 2012\/2013 \u2013 nearly 7 years ago.\u00a0 Now, Gold has broken resistance near $1375 and is technically in a full-fledged Bull Market.\u00a0 The importance of this is the 7-year cycle and how the rotation in Gold, between the high near $1923 and the low near $1045 represent an $878 price range.\u00a0 The upside (expansion) rally in Gold may very well move in expanding Fibonacci price structures \u2013 just like it did in 2005 through 2012.\u00a0 If this is the case, then we may expect to see an ultimate peak price in Gold well above $3500.<\/p>\n

The rally that started in the last 2015 and ended in July 2016 totaled +$331.1 (+31.67%).\u00a0 The next price rally that started in August 2018 and ended in September 2019 totaled +$399.4 (+34.22%).\u00a0 If we take the current rally range (399.4) and divide it by the previous rally range (331.1), we end up with an expansion range of 121%.\u00a0 The two unique rallies that happened just before the 2009 parabolic rally in Gold represented (+315.8: 2006) and (394.8: 2008).\u00a0 The ratio of these two rallies is 125%.\u00a0 Could Gold have already set up for another parabolic rally well beyond the $1923 target level?<\/p>\n

Before finding out what is next quickly join\u00a0our free trend signals email list<\/strong><\/a>.<\/strong><\/p>

\r\n
\r\n

Free Reports:<\/p><\/div>\r\n

\r\n

<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

\r\n
\r\n
\r\n

<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

\r\n<\/div>\r\n

\r\n
<\/div>\n

Monthly Price Of Gold Chart \u2013 Bull and Bear Market Trends<\/h3>\n
\n
\"\"<\/a><\/figure>\n<\/div>\n

Our research team believes Gold has already entered a technically valid Bullish Market trend.\u00a0 We believe Gold miners will follow higher as Gold begins this next move higher.\u00a0 The reason we have not engaged in Miners, yet, is because we have not received any technically valid signals related to the Gold miners indicating they have also entered a new Bullish Market trend.<\/p>\n

Gold is the safe-haven for the global market.\u00a0 It is a store of value and offers price appreciation when the global market risks are excessive.\u00a0 Because of this, the sentiment across the global markets appears to be weakening in regards to forward expectations and valuation appreciation within the investment\/asset classes.\u00a0 If Gold continues to rally higher, consider it a strong indicator that the foundation of the global market valuation levels is weakening considerably.<\/p>\n

US Dollar Will Start To Support Higher Gold Prices<\/h3>\n

Should the US Dollar retrace lower, Gold will see a price increase based on the renewed weakness of the US Dollar.\u00a0 This would also assist in re-balancing global trade and economic issues with the US Dollar moving moderately lower as weakening global markets contract.<\/p>\n

\n
\"\"<\/a><\/figure>\n<\/div>\n

Gold Mining Stocks \u2013 Monthly Chart<\/h3>\n

Miners are set up much like Gold was in early 2018.\u00a0 Resistance has been set up with multiple price tops and any momentum rally above this level would technically qualify as a new Bullish Market trend for miners.<\/p>\n

At this point, we believe the bottom in miners has already formed and we are simply waiting for the qualifying technical confirmation of the bullish trend to begin.\u00a0 Jumping into this trade too early could result in unwanted risks as the price could still waffle around within the Stage 1 Base range.<\/p>\n

If you want to learn more about market stage analysis I will be covering it a new article shortly. Once you grasp the basic concept you will see these stages on every chart no matter the time frame and know when to focus on trading and when to ignore the charts.<\/p>\n

\n
\"\"<\/a><\/figure>\n<\/div>\n

If you like new fresh big trend trades then check out this real estate article<\/a><\/strong> I just posted and how the real estate ETF could allow your to profit from home prices but you don\u2019t even need to own or buy a home!<\/p>\n

Concluding Thoughts:<\/h3>\n

The recent weakness in the US and global markets has prompted a moderately solid upside move in Gold and Silver over the past few days.\u00a0 We still need to see a Gold move above recent resistance to qualify as a new upside rally though.\u00a0 Miners are set up for a breakout technical move which we must also wait for.\u00a0 We believe these two may move somewhat in unison if the global markets continue to contract throughout the end of 2019 and into 2020.<\/p>\n

Stay tuned for more updates and alerts when all these key sectors and asset classes start new trends because that is when you want to get involved for immediate oversized gains. See my stock, index, and commodity trade alerts<\/a><\/strong> here.<\/p>\n

Chris Vermeulen
\nFound of Technical Traders Ltd. TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By TheTechnicalTraders.com Our research and predictive modeling systems have nailed Gold over the past 15+ months.\u00a0 We expected Gold to rally above $1750 before the end of this year, but the global trade wars and news cycles stalled the rally in Gold over the past 2 months.\u00a0 Now, it appears Gold is poised for another […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-161201","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=161201"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161201\/revisions"}],"predecessor-version":[{"id":161205,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/161201\/revisions\/161205"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=161201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=161201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=161201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}