clearer picture after removing the noise , page-29

Hi desktop,

Thanks for your feedback. You'll understand the issue if you refer to my previous reply on the issue of charts here:

About CTO charts

When the cycles trend indicator flashed the exit signal recently and as indicated in the cycles trend indicator that I've had last posted, I completed my short swing trade in CTO and exited with interesting profits.

Anyway, I'm posting a GOLD chart strictly upon your request here with the cycles trend indicator of the slope in degrees as that might be helpful to you. I can only afford time to do a daily chart and not a weekly chart as requested, so sorry! This chart has ZERO content on fundamentals, so please skip if charting is not for you, thanks.

Perhaps from this chart, you can see the relation between the price of physical gold and CTO especially if you are a longer term investor.



CTO is one stock that I'm monitoring, and may likely post when there are opportunities, but for the charts, they'll finally find a home...I hope soon. This is my last chart for the CTO thread.

Hope this chart is useful to you.

Btw, I verify the chart for its accurateness by analysing the degree of bartels involved in the computation. For this case, it has more than 6 cycles out of 25 with very high bartels reading from 82.62 to 97.02 indicating a good degree of being correct.