It looks like someone linked you here to our printer friendly page. Please make sure you go Back to for more great articles just like this one!

Gold Cycle is Coming Back, a Warning to the Bears

By: readtheticker | Thursday, January 23, 2014
Gold Bars and coins

Gold (GLD Etf) has a powerful cycle.

In the 2013 down swing the cycle for gold lost influence, in the last few months the cycle has come back. This means a shift in trader action, bulls are coming back to gold. If 125 is broken then this is extreme pressure for the bears and more short covering is likely to push gold higher.

The chart.

Larger Image

Investing Quote

"Anyone who buys or sells a stock, a bond or a commodity for profit is speculating if he employs intelligent foresight. If he does not, he is gambling." ~ Richard D Wyckoff

"The first rule is not to lose. The second rule is not to forget the first rule" ~ Warren Buffett


Author: readtheticker


We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

LEGAL DISCLAIMER: The material is presented for educational purposes only and may contain errors or omissions and are subject to change without notice. (or 'RTT') members and or associates are NOT responsible for any actions you may take on any comments, advice,annotations or advertisement presented in this content. This material is not presented to be a recommendation to buy or sell any financial instrument (including but not limited to stocks, forex, options, bonds or futures, on any exchange in the world) or as 'investment advice'. members may have a position in any company or security mentioned herein.

Copyright © 2011-2017