Gold cycles predicted the decline
According to the view of Jim Curry, Gold cycles predicted the decline and more to come further! By updating Gold Cycle he inks, a mid-term top was due to materialize in the current timeframe, with our Gold Wave Trader report identifying the key timeframe of February 15-22 for that high to develop - and with the 1355 figure (April, 2019 contract) noted as key resistance. The actual high was registered on February 20th at the 1349.80 figure, and the subsequent reversal lower now favors the next mid-term downward phase to be back in force. In looking at the cycles, the last upward phase of the 34-day wave was expected to peak the larger 154-day component, once again with key resistance noted at the 1355 figure. From this high, a sharp correction was expected to play out into mid-to-late Spring- one which we should now be in the midst of - and with more to come. Even said, the decline won't be apocalyptic, but should be a normal mid-term downward phase - within the con