• 2 hours Bitcoin Fails To Stay Above $10,000
  • 7 hours Bill Gates And Big Oil Chase The Dream Of Nuclear Fusion
  • 9 hours Top Jeweler To Use Only Recycled Gold And Silver
  • 1 day America’s Multi-Front Meltdown
  • 1 day Gold Up As U.S. Civil Unrest Escalates
  • 1 day How BlackRock Became King Of ESG Investing
  • 2 days Americans Don’t Care if TikTok Is A Security Threat
  • 3 days What’s Next In The Trump vs. Twitter Drama?
  • 4 days Escalating Tensions Could Crush $52 Billion China-U.S. Energy Deal
  • 5 days The Fed Is Printing Money At Unprecedented Levels
  • 5 days How Is The Real Estate Market Handling COVID-19?
  • 5 days Gold Flat As Markets Await Fed Chair Speech
  • 5 days What Is Day Trading And Is It Right For You?
  • 5 days Energy CEOs See Big Payouts Despite Oil Price Crash
  • 5 days Saudi Arabia Is Fighting A War On Two Fronts
  • 5 days 40 Million Jobless As Pandemic Fuels Economic Collapse
  • 5 days What Do India's Latest Reforms Mean For Its Coal Industry?
  • 5 days Copper Glut Continues To Grow
  • 6 days How A Pandemic Made Americans Better Workers
  • 6 days The Trillion Dollar Space Race Crosses Another Milestone
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Cycles are Present in the Gold Price

An Armfulof Currency

 

Cycles do exists in the market, and it PAYS to know about them!

Here we see the 287 Daily Gold cycle has been working well for some time.

Gold Trust Daily Chart

Gold is still working through the demand and supply battle of this apex.

Gold Trust Weekly Chart

Investing Quote...

"While I have made it a practice to limit my risk in most cases, I can trace most of my principal losses to my failure to place stop orders when the trades were made." ~ Richard D Wyckoff

"One must search through a maze of complex and contradictory details to get to the significant facts ... Then he must be able to operate coldly, clearly, and skilfully on the basis of those facts." The challenge for the successful speculator is "how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts." Moreover, "if you get all the facts, your judgment can be right; if you don't get all the facts, it can't be right." ~ Bernard Baruch

"Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs." ~ George Soros

"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong." ~ Bernard Baruch

"In the short run, the market is a voting machine, but in the long run it is a weighing machine." ~ Benjamin Graham

 

Back to homepage

Leave a comment

Leave a comment