USD and Gold: Intermediate and Super Cycle Update

Beyond the 5-6 month Intermediate Cycle and Yearly Cycle (2-3 Intermediate Cycle), there are also longer Cycles for all assets. Gold for example has a 4 Year Cycle and the USD has a 3 Year Cycle (measured Low to Low). The USD also has a 15 Year Super Cycle (5 of its 3 Year Cycles). I have stated that my longer term Cycle analysis indicates the USD should be making its 15 Year Super Cycle top in 2017 but I am not sure just yet if this is behind us or dead ahead. As always, the Price and Time action on the charts will guide me. For now the Wedge in my first chart needs to be watched closely over the next couple of weeks. A break to the upside of my Red down trend line will confirm a new Intermediate Cycle for the USD while a more serious breach of my Blue Uptrend line that goes all the way back to early 2014 would have me strongly consider that the 15 year top is in.
The Market Oracle

, , , ,

Comments are closed.