#Gold#Silver#Commodities#Cycles#MarketTiming
I've studied every major price swing in gold & I have observed that [among other mkt conditions]:
▪️ gold follows cycles that expand/contract geometrically
▪️ the 1869 panic has played a key role
▪️ price & time are interchangeable
In this thread, we will discuss the last concept. Often, a significant PRICE (low, high, price range) will repeat in the future in the form of TIME (days, weeks, months) at a major turning point (vice versa). This not TA. It is a lost art.
The charts show the spot market, but the prices & dates are based on the December continuous futures contract. For illustrative purposes, the 1869 gold panic has also been 'shown' in the charts. Selected examples are presented below.