|Gold Shares Review|
Gold Shares' overall trend, revealed by trends of price, leverage, and time, are defined and discussed below for subscribers.
If you're a gold shares trader/investor, use the Gold & Precious Metals Mining Stocks cycles (Line 123 In the Long Term Cycles Table of the Trends Tab). Long term cycles are slow, but they do present solid entry points for anyone patient enough to wait for bullish and bearish cycle readings. Bullish and bearish cycle setup are defined by C1, C2, C3, and C4 cycles below -1.96 and 1.96, respectively. The next short term buy point comes when C1 and/or C2 are below -1.96. Only C1 is below 0.
Download the Matrix and empower yourself with information rather than emotion. We have posted the cycles below. Green cups highlight the frequency of these readings. Today bulls will likely be disappointed by the pain the invisible hand will inflict before a sustainable rally materializes. The invisible squeezes all markets hard, but it especially likes punishing the gold bugs. The gold bugs @PeterSchiff et al. are easy prey, because they preach rather than listen to the message of the market. This is common observation not only for gold but also commodities, bonds, stocks, etc.
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