Gold Price Trend’s “Black Magic?”
This gold chart may appear to be “Black Magic.” However, it is simply a display of the power of Mother Nature. A new high has occurred at every grouping of # 1 and # 2 high! The ensuing corrective low has consistently remained above the previous new high. All of the numbers on this chart are equally spaced through time. The low at # 5 has already occurred. The next move should once again be a new high up to # 1 and # 2 highs. These numbers are the Long Term Delta Turning Points. These turning points vary for different items. The Rosen Market Timing Letter provides the turning points for numerous items including silver the HUI, various gold and silver shares the Dollar Index, the Euro FX, DJIA, S & P 500 and other items.
The fact that the Money Flow Index (MFI) has once again given a buy signal simply validates the Long Term Delta Turning Points. The long term, medium term, and short term Delta Turning Points are available with a subscription to …
THE ROSEN MARKET TIMING LETTER
https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter
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Disclaimer: The contents of this letter represent the opinions of Ronald L. Rosen. Nothing contained herein is intended as investment advice or recommendations for specific investment decisions, and you should not rely on it as such. Ronald L. Rosen is not a registered investment advisor. Information and analysis above are derived from sources and using methods believed to be reliable, but Ronald L. Rosen cannot accept responsibility for any trading losses you may incur as a result of your reliance on this analysis and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Individuals should consult with their broker and personal financial advisors before engaging in any trading activities. Do your own due diligence regarding personal investment decisions.