It is about 1 month since the first posting of the gold price in...

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    It is about 1 month since the first posting of the gold price in Aud. It turned out that the last daily cycle low was not the weekly cycle low.
    Now it has just printed a daily cycle low which is lower than the last daily cycle low. This could be the weekly cycle low as it is in the timing band for a weekly cycle low to form now. Charts attached.
    https://hotcopper.com.au/data/attachments/5381/5381982-a5ac23aa6c8d221f68e7b721b93edc14.jpg
    https://hotcopper.com.au/data/attachments/5381/5381987-7ba279bcfcf92b61838b81739a9ac008.jpg
    With the aus gold price printing her daily cycle low I have got into my 3rd stock which is Gor. it is just too tempting with her prices droping over 15% in 2 dys with large volume. This is not something I usually do as usually with this large drop in prices it usually takes a long time to recover. The reason I bought is there seemed to be an overreaction to the news that cause the fall in prices. Charts attached
    https://hotcopper.com.au/data/attachments/5382/5382002-b19151924568472aebed1c5568d3a184.jpg
    https://hotcopper.com.au/data/attachments/5382/5382005-7330d1fc5990670325a1463f09d0369b.jpg


 
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