Will Gold continue to follow the 8-year cycle?
#194 A quick note on Gold
Introduction
In my last update on Gold a month ago, I mentioned that Gold was still following the 8-year cycle. During the previous three months, Gold made three tops. A break above these tops may certainly be bullish, but if such a breakthrough fails, this could start a bearish scenario.
As gold trades at or near a support level, this is a heads-up for the premium subscribers.