Yes I think so, for the current main cycle to complete that has created this flattop in the weekly timeframes. Cycles as you know however, are irrelevant to actual share price level and the minor cycles within that time will control the ebb and flow in that regard. So its just a thought that its still tradeable till that time.
Maybe coincidence but mentioned to you at the start of the Year on either the GDX or Gold chart or US dollar or something like that, that June/July is the Main cycle pivot point timing to watch for in 2017.
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