Gold short term cycles

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Published : June 07th, 2017
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FOLLOW : Cycle Georgia Gold
Category : Market Analysis

Cycle Inversion

WE got our close last week above 1272 and that was the point we favored a cycle inversion would occur and a continued rally towards June 9th (plus/minus 72 hours).

Here we are arriving at the cycle window and while the rally wasn’t as strong as I thought it could be, we still did rally into this date.

Odds favor we begin a pullback after this week into the next cycle date of June 23rd (plus or minus 72 hours).


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Bill Downey is the editor of www.GoldTrends.net where he monitors the price patterns on an hourly, daily, weekly and monthly basis. He offers commentary on what it all means along with support and resistance levels along the way in advance of each day's trade. If you would like to join for 30 days he offers a free trial. Visit his website home page for details.
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