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Gold’s Cycle is in Left Translation
On the "blood red moon" day of April 15, gold had an impressive downturn which changed the whole picture for gold prices over the next few months. Viewing one day's action on its own is a recipe for being misled. But viewing it in the right context is a great way to draw insights about what the future holds. And one of the most important contexts I have found for interpreting gold's price action is to put it into its proper place within the 13-1/2 month cycle. I have written about this cycle before, along with its unique tie-in to cycles in other data, and it remains an important phenomenon for explaining how gold ... (full story)