Google site search Follow readtheticker on LindedIn YouTube StockTwits Follow readtheticker on Twitter
Blog ReLoad |Titles List |Media Only |Media Titles List |Market News |RSS RSS |ATOM Atom |FEEDBURNER FeedBurner|Email Delivery |Mobile
Created on: 4/22/2020 10:17:23 PM   Last Update: 4/22/2020 10:34:23 PM Posted by: RTT
WARNING: This entry is 318 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.

1 POST Gold Stock Cycles
gold-stock-cyclesGold stocks are the crazy ride in the markets. The swing are so great it does not matter if you miss a bullish the break out as another deep pull back allows you to enter with ease.

The good news is the (!XAU) PHLX Gold/Silver Index (in the chart below) is very friendly to price cycles. These cycles can be used for timing markets, it also makes it clear if you fight the price cycle you may be in line for a heavy draw down.

At the moment XAU price is making new 52 week highs and the blue cycle line suggest a cycle top is due, therefore it may be wise to wait for price to peak and pullback before building positions. A tactical reason (Richard Ney logic) is the big boys have been accumulating in the friendly institutional stocks and this will attract profit taking [as they do not want to get too far ahead of the wider market] easily sending down the gold stock index and components of the XAU.

The judder bar for a XAU rally is expectation of a US dollar rally. A decent US dollar rally will see gold and gold stocks pullback, but as we all know the US dollar biggest short position is the US Government (they want a lower dollar), and the biggest long position is non US dollar assets in crisis (selling assets forces the buying back of US dollars). Hence the bail outs of dollar assets in crisis.

How well the FED defends their US dollar short position will influence how well the US dollar is capped under $105 on the DXY. This is the only game in down for the next 6 months, nothing else matters.  


If price has regular cycles, why fight the cycle. readtheticker.com charting science allows you to find and monitor the cycle better and cheaper than most. Check it out via our subscription service.


Click for popup. Clear your browser cache if image is not showing.
XAU



Divider




Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

..“It cost me millions to learn that another dangerous enemy to a trader is his susceptibility to the urgings of a magnetic personality when plausibly expressed by a brilliant mind.”...

Jesse Livermore


..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”...

Bernard Baruch


...“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”...

Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).


.."it is better to have few stocks and to watch them carefully”...

Bernard Burach


.."Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception"..

George Soros




         >> Print or PopOut or Pdf .
         >> Go Back

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund



Search Blog Titles:
Search Blog for Text:
Search Blog for Ticker Symbol:

Or 'Click Me' to search this site with Google
What works in the market.
Wyckoff price road map.
Which time frame works best.

Pages
1. Blog Performance Review
2. List of the best blog posts

MostRecent
Who is King? The Bond Market or the FED
Gold and Silver Bottom Formula (RTT Plus)
The Fastest Money
Silver Review
RTT browsing latest..

Ney(1)
Crypto Currency(12)
Central Banks(4)
Crisis Watch(7)
Wyckoff(1)
Cycles(2)
Gann(7)
Chart Review(11)
Browsing(100)
RTT TV(15)
Sector Watch(23)
RTT Tools(43)
Wyckoff 2.0(42)
Mystery Trader(6)
Market Strategy(66)
Cycle Review(63)
Swing Trade Idea(48)
Market Calls(21)
Investors(105)
Metals and Forex(147)
Gann Wyckoff Hurst(119)
Wall Street(25)
Ticker Review(35)
Uncategorized(2)
Market Review(95)
Jokes(28)
Economic(84)

202103(2)
202102(6)
202101(8)
202012(3)
202011(5)
202010(3)
202009(4)
202008(4)
202007(4)
202006(3)
202005(5)
202004(4)
202003(10)
202002(5)
202001(5)
201912(5)
201911(5)
201910(7)
201909(5)
201908(4)
201907(5)
201906(5)
201905(7)
201904(5)
201903(8)
201902(5)
201901(6)
201812(4)
201811(5)
201810(7)
201809(4)
201808(6)
201807(5)
201806(4)
201805(7)
201804(6)
201803(4)
201802(7)
201801(6)
201712(7)
201711(6)
201710(7)
201709(5)
201708(5)
201707(7)
201706(6)
201705(7)
201704(4)
201703(6)
201702(5)
201701(7)
201612(7)
201611(7)
201610(6)
201609(5)


 

RSS RSS

ATOM Atom

FEEDBURNER FeedBurner|Email Delivery

  Blog Links
Marker TalkMarkets
Marker PhilStockWorld
Marker FinancialSurvivalNetwork
Marker Yardeni Research
Marker TradingEconomics
Marker dshort.com
Marker Marketoracle.co.uk
Marker Bloomberg.com
Marker McverryReport.com
Marker Calafia Beach Pundit
Marker ForexLive
Marker TurnaroundStockinvesting.com
Marker readtheticker tumblr
Marker readtheticker blogger
  Symbols used in blog
AAPL ABX AMZN AORD AUY BA BAC BB BBRY BMRN BMY BTC BTCUSD1 COP CRUDE DIA DJI DJT DJU DXY ETH EUR FB FCX FXA FXE FXY GDX GG GLD GOOG HL HMY HPR HUI INDU JJC JNJ LTC MCD NCM NEM NFLX NVDA NYSE OIL PALL PG QQQ RGLD SBUX SLV SLW SP500 SPY SSEC SSRM TLT TNX TRAN TYX UAN URG UTIL VIX WFC WFM XAU XLE XLF XLU


Follow readtheticker on LindedIn

Seeking Alpha Certified



Contributor to...
McVerry Report


StockTwits








Home | Charts & Tutorials | Market Timing | Blog | RTT Tv | Services | Information & FAQ | Contact Us | Sign Up | Logon
Indicator Library | FAQ | Site Search | Symbols Available | Education | Advisors | General Policy | Privacy Policy | Terms Of Use | About Us
Tutorials | Charts Demo | Charts Members | Charts Secured | Mobile Site | Market News | Investment Quotes | World Time .
Public Disclaimer