CGETrading

Unless we close above both the breakline and resistance level this month, then gold could really take off!***

Examining the monthly timeframe of gold, I observe that the price is nearing cyclical resistance. Currently, the price is also positioned above the breakline, and a close above this level by the end of the month will likely challenge the resistance level in the following month. 🚀

Easy money! MIDAS Top-Finder accurately predicted the high. BTW, all my tools will be available for purchase (only $30) on MQL5.com next month!

my bad, 1 more hour. Got the GMT mixed up.

Potential drop in 7 min...

We are approaching a possible temporary high tomorrow 03/12. The trade cycle composite is highlighting 03/12 for an ideal high, and only 11% fuel remains in the uptrend. Lets see if these two align!

Thank you! I am currently developing my own website Here you will be able to find all my tools, EAs, and everything trading related. Feel free to reach out on Telegram if you need help or advice! I aim to respond within 48 hours.

Bureau of Labor Statistics (BLS) once again released FALSE numbers (on NFP), to no surprise, as the US government constantly lies about everything. You can read more about the BLS false reports here: https://www.armstrongeconomics.com/armstrongeconomics101/economics/bureau-of-labor-statistics-fabricated-one-third-of-newly-created-jobs-in-2023/ Regardless of the NFP/BLS BS reports, gold has droped to major support, which currently lies at 2029: highlighted by the lowest MIDAS Curve in the picture. This is the level price need to break before going any lower. This is also a good buying opportunity!

Today is NFP ... and I think gold will rally, because of the migrants that are flooding the US. This should correlate to a lower NFP value. From a technical perspective, gold is setting up for a rally!

We should see a lower closing this week..

Here is the latest version of the Trade Cycle Composite indicator v1.10 <---

Potential buy on USD/JPY? Trade cycle composite high in alignment with cyclical resistance. Temporary high seems likely ? Supporting a high is the TD 9 Sell Setup that formed a few bears earlier.

NEW INDICATOR! NUMBER 4: Martin Armstrong - Trade Cycle Composite for MT4 [Download Link, Zip File] The indicator is based on the following article "Trade Cycles" from Martin Armstrong/Princeton Economics.

This topic is now closed. I am no longer active on this forum. Good luck to all and a happy new year! 🎇

BTC is preparing to rally with Gold and US30 as we head closer to WW3. The first target in BTC is 100K.

Gold is pushing higher and support is moving up as we head closer to WW3. The next bullish reversal stands at 2048. Armstrong Economics: Germany Deploys Troops To Lithuania

H4 chart of gold is starting to gain momentum as price remains above support. Higher highs are likely to follow.

The attempt to break through the reversals failed which generated a temporary Trap Play to the downside. Support currently stands at the 2018-2020 level as we approach the end of the weeks closing price.

Gold H4 chart is ready to pop to the upside as price fails to retrace past the 20% pullback rule. Slingshot move to the upside, is it ready? The H4 cycle is pretty steep, revealing that the energy strored in price is explosive and has a high energy outburst. This presents us with a low risk entry to the upside, at least on a short term basis /H4. Learn more about the Slingshot Move here: https://www.armstrongeconomics.com/slingshot-move/

Hi, A closing above 37K in December will be bullish as it will generate an all time high and a buy signal. However US30 is approaching the top of the channel (cyclical resistance), which stands at the 37.5k area. This level is also the break-line which is a cyclical pressure point, if broken (close above) a possible RALLY to 40K comes into play. Support currently lies at the bottom of the channel. The monthly cyclical derived ANGLE generated from the low is very STEEP, expect price to follow this angle going up.

Good morning, Bearish cycle count 6 turned out to be a MAJOR LOW. A bullish V-formation has formed on the daily chart, indicating a fresh leg to the upside and the start of leg 3 on the weekly chart. We are now heading towards a re-test of the all time high. Will it break? Its just a matter of TIME. Trading is nothing but TIME, thats why cycles work. Cycles reveals everything about the market. If you dont have the cycles on your chart, or at least the major ones, you really know NOTHING. The great thing about cycles is that they tell you WHEN and WHERE you are wrong. Everything in the universe has a cycle to it, and so does price.

Up to this point, the bottom of bearish cycle count 6 has not been breached. It appears that we might be witnessing the initial phases of a potential upward shift in direction.

Gold is now trading 6 days down from the high, which could be a cyclical turning point. There is a divergence to the upside and yesterdays close failed to close below cyclical support. Fow now, this is pointing to a temporarily or major low.

H4 Time Frame: Made an interesting observation. Looks like gold is in "Cycle Pattern #2"... Daily Time Frame: Gold is currently challenging cyclical support - an important level, a closing below would suggest a further decline, unless price creates a bearish reversal by immediately closing back inside the cycle. If this happens, we will have a low or temporarily low in place.

The cycle indicator that I am using for MT4 can be downloaded here<--