Stage Analysis For Gold Price And USD

This post will use Weinstein’s Stage Analysis to examine where we are in both Gold and the USD. For this analysis, I will use Weekly charts and highlight the Weekly 30ema as a guidepost for our analysis.

https://goldtadise.com/?p=394282

First let’s start with a bit of History and go back to 1998 to 2002 to examine the transition in Gold and the HUI from Stage 4 Bear, to Stage 1 Basing to Stage 2 Bull Market.

Fast forward to today and we can see that the 30ema seems to have found a bottom but in 2017, it seems to be a midpoint for price and is not yet providing strong support at major lows for either Gold or GDX.  My last chart on GDX shows a potential Fractal.  Will history repeat?  Time will Tell.

My last chart is on the USD.  If the USD is close to finding a Yearly Cycle Low (YCL), the 30ema should still continue to provide resistance near Intermediate Cycle Tops if the USD’s 15 Year SuperCycle has topped.

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Surf City is a pseudonym for a 60-year-old retired Information Technology Executive and Software start-up Entrepreneur living near the beach in California.   He has been an active investor and trader since the mid-1980s. Analytical by nature, his sound investments over the years allowed him to retire at a relatively early age of 55. In addition to the standard Technical Analysis tools of Edwards and Magee, Surf is a disciple of Walter Bressert’s Cycle Methodology and Stan Weinstein’s Stage 4 Market analysis.  Surf combines these skills to develop his unique “Cycle Price Channels.”  Some call them “Surf’s ForkCycles.

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