Gold Cycles

The gold cycles have been a little trickier to navigate in recent months, not helped by a series of quite abnormal left-translated daily cycles and a longer than normal 8-month medium-term, investor cycle, which finally ended in August at $1,167. (I will go into more detail in the ‘Gold Trader’ section of the website once the current gold trade closes). Since the new investor cycle started in mid-August, gold has traded sideways, similar to the bottom in late 2015. However, I believe the precious metal is building energy to break out higher soon and I note with interest the recent close above the 20-week moving average. The gold bull market is slowly waking up and I continue to believe will be one of the few places to hide when the current ‘everything bubble’ finally pops.

 
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At Secure Investments, I advise individual clients on their pension and non-pension fund investment portfolios. To learn more about my Active Asset Allocator and Gold Trader  investment strategies, please get in touch at brian@secureinvestments.ie or 086 821 5911. If you are reading this via LinkedIn, why not visit Secure Investments and subscribe to get exclusive content for free. No spam, ever. Just great stuff.

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