Gold Bang on using Time CycleNov 02, 2023
Gold Bang on using Time Cycle
Gold has witnessed a sharp rally since last few weeks. It is amazing to see how advance tool like Time cycle have helped us to catch early reversal precisely.
Following is the Gold daily chart with 51 Days Time Cycle which has helped to determine crucial reversal areas which we derived with 1000s participants in our weekly webinar which happened on Saturday, 14th October 2023
Gold Daily chart 51 Days Cycle (Anticipated during weekly webinar on 14th October)
Gold Daily chart 51 Days Cycle (Happened as on 2nd November 2023)
First chart represents Gold, where we anticipated a reversal move with the help of Time cycle when majority were bearish on this asset.
Second chart shows how we were able to capture a move of more than 3000 points which is more than 5% with the help of Time cycle.
Yes! it is possible to predict moves and form a trade set up even in commodities with the help of Time cycle. To trade effectively, one needs to combine Time Cycle with price action.