We could move lower, but getting close to a cycle low, and a bounce.
$GOLD | SharpChart | StockCharts.com
Bob Loukas
@BobLoukas
23h23 hours ago
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I've mapped 20 years of weekly gold Cycles. Never seen a 6th Daily Cycle in any weekly Cycle. Chart shows how we have 2 weeks left in this Weekly Cycle. BIG buy around turn of month. $GLD $SLV $GDX
https://twitter.com/BobLoukas?ref_sr...ium-reports%2F
Is Another Drop Ahead For Tech Stocks?
Summary
We provide an example of how we are using the OPEX Price Magnets to trade ETFs.
We discuss technical signals that support a possible decline of QQQ in the days ahead.
We provide an overview of the Price Magnets and provide data to support our short thesis.
https://seekingalpha.com/article/417...Roadblock=true
Has Gold Bottomed Yet?
May 17, 2018 1:28 AM ET
Summary
We review how Fed rate increases often coincide with cycle low for gold prices.
We look at key support levels for gold priced in USD on a weekly chart.
We look at support levels for gold priced in Chinese Yuan on a weekly chart.
https://seekingalpha.com/article/417...Roadblock=true
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