cycles
april sees silver on an 89 month cycle swing from the Oct 2008 low
march saw gold complete the 89 month cycle from the Oct 2008 low
april sees gold complete a 55 month cycle from the altime high
there are no immediate useable time ratios until May
unlike gold silver has still not made a significant move above it's last weekly swing high at 16.36 and remains below the downchannel boundaries
one interesting measure in gold is the 1193's to the lows at 1046's has an inverted ratio 1:1.618 (extension)
not a top look for gold as it is unambiguous, a rare move......we seem to be seeing a lot of "rare" moves recently .....moves that reach .618 extensions are usually signs of emotive almost manic reaches and usually take long periods of time to work off and often result in a reversal of the initial move, in this instance we know or can acknowledge we saw a significant high in the dimple then we saw attempts to lift on both Draghi and Yellen speeches only to find them as distribution moves enhancing the dimple high as the high to stick for a few days possibly weeks with silver still not supporting the weekly on a percentage basis
looks like the 10k gurus have to wait a while to get their kudos
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