Chaos Clinic Recap
Here are Al's comments
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Long Term Outlook For Gold
Chaos Clinic for 2/8/2019
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The gold market has made a good rally since the 11/30/2018 Chaos Clinc suggested
it was about to rally. This initial rally could be part of a longer term move.
One of the dominant astro cycles in Gold is the Saturn-Node (SO) cycle. This 11.4
year cycle is close to the average solar sunspot cycle, which has been linked to
several economic cycles. Gold is used as a hedge against market uncertainty.
Stock market uncertainty seems to be one of the reasons for the rising prices in gold.
This chart of the GLD Exchange Traded Fund shows a possible version of the
SO cycle. Cycles can turn near any major aspect. The SO cycle looks to be making turns
near the 225 and 45 degree cycle aspects. Often these turns are hard to see
because of shorter term cycles. This seems to be the case with the current turn.
However, this can be helped by using longer term exponential moving averages.
On this chart, the 360 and 720 calendar day EXMAs are turning up, having tracked
near a price of 120. These EXMAs are higher than they were two years ago.
Also, the 2018 low is higher than the end of 2016 low. This is evidence that a longer
term cycle is turning up.
Cycles tend to have equal time moves. An up SO cycle could run into the end of 2023.
A retest of the 2011 high would bring prices back up to 180. Depending on world events
during the next 5 years, they could go much higher.
For investors holding GLD, the guide line should be to stay long as much as possible.
while using prudent stop loss methods. A strategy of buying the dips may also work.
Besides the comments made by Al, the chat room has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic
2/8/2019 1:35:25 PM MT Al****:: I'm signing off-everyone have a good weekend-thanks for coming-take some courses
2/8/2019 1:13:59 PM MT Al****:: swing traders who are long may want to hold into next week if they can place a stop better than break even
2/8/2019 12:51:36 PM MT Al****:: "Swoon to Noon, Rally on the Moon" day
2/8/2019 12:17:28 PM MT Al****:: one of the most mentioned cycles in the Bible is the 3 day cycle-72 hours-this pullback was 72 hours
2/8/2019 12:07:32 PM MT Al****:: watch for the Moon juice now
2/8/2019 11:33:48 AM MT Al****:: I have placed a Face Of God pattern in the CCT room
2/8/2019 11:23:15 AM MT Al****:: I have placed a Fractal pf Pi chart in the Certified Chaos Trader's Room. That room is open
2/8/2019 11:22:17 AM MT Al****:: to graduates of my 4 main courses. See http://moneytide.com -> Courses for details.
eMylar Fractal of Pi overlays help you be patient, since they show you future potential moves.
The best bargain in my courses is to take the Cash In On Chaos and Fractal of Pi courses and
learn to use the FOP overlay. Then take Chaos Trading Made Easy, and finish with Face Of God.
2/8/2019 10:51:11 AM MT Al****:: energy changed at solar noon
2/8/2019 10:41:56 AM MT Al****:: little trader's pattern "3 drives to a bottom" attracted some buying
2/8/2019 10:02:34 AM MT Al****:: thank you GON. Hope all is well with you. Be sure to get the Earthing book. It would be a good addition to all those energy traps.
2/8/2019 9:51:24 AM MT gon:: Good afternoon everone, hi Al. Your AUX article, published as usual: https://www.fxstreet.com/analysis/long-term-outlook-for-gold-201902081648 Thank you very much.
2/8/2019 9:23:41 AM MT Al****:: something to watch for today-late in day the Exchange, the Moon, an a Moon harmonic transit the S&P natal Moon between 14:30 and 15:00
2/8/2019 8:44:11 AM MT Al****:: M80-898-992 closed
2/8/2019 8:35:00 AM MT Al****:: low energy market-looks like it will hold up with a narrow range
2/8/2019 8:06:10 AM MT Al****:: Ahab, you're having a heat wave !
2/8/2019 8:04:16 AM MT Al****:: the trading program had a win and is now done
2/8/2019 7:34:38 AM MT Al****:: On Teamviewer M80-898-992 is a screen showing a work in progress auto trader test which will try a scalping trade at 7:46 Eastern
no audio, but does have a chat box
2/8/2019 7:34:28 AM MT Ahab****:: In St. Louis...12 degrees...-2 wind chill.
2/8/2019 7:18:03 AM MT Al****:: like yesterday, it is a balmy one degrees F here in Thornton, CO
2/8/2019 7:03:38 AM MT Al****:: GM all-good luck today
Chaos Clinic is posted on the AUX page
9:00 Eastern-System: No comments
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