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Last month we broke to the downside of the cycle channel. Before heading lower there is a chance of a correctional move starting no lower than 1.301803 on a Daily CLOSING basis. The Wave Cycle Project Stream (Experimental/Beta) Wave Cycles for MT4

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Are we breaking into heaven on the 3rd, 4th or at last on the 5th knock? Buy a CLOSING above the Double Bullish Reversal.

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Price closed this month/quarter below the quarterly bullish reversal but did elect the monthly bullish reversal of 1362.50. We should now see GOLD come back and test the reversal as it was elected more than 1% away ( 1% reversal rule ) before heading higher. Wave Cycles for MT4

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This weeks closing will be the determing factor whether we are breaking out to the upside or not as this weeks closing will be a quarterly, monthly, weekly and daily closing.

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This type of cyclical analysis reveals the MARKET-ANGLE in a potential rally to the upside; the angle is derived from the bottom Major Cycle Channel. The steeper the angle the greater the tendency for a market to rally/decline rapidly. Major Cycle Channel derived from bottom in Green Parallels in Blue

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Pay attention to the cyclical angles! If price fails to find support, then we are most likely heading lower in that same steep angular fashion we are in.

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Price have broken below cyclical support, making new lows. Failure to close back above the cycle line would suggest a further decline in price.

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Are we breaking into heaven on the 3rd, 4th or at last on the 5th knock?

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If price breaks below support on a closing basis it is likely to see a continued decline down to the 117-118.0 area.

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Price CLOSED Friday on a new high , in a very steeply angled bullish cycle-channel: breaking out to the upside. There is now a big chance of a rally up to test the bearish cycle line.

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Everything have an order, even if it is hidden in chaos. Nothing is random, everything have rules.

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Wave Cycles for MT4 Identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.

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Failure to trade higher after 3 time units (reaction) will usually signal a continued decline.

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Wave Cycles for MT4 Identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.

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Wave Cycles for MT4 Identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.

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Wave Cycles for MT4 Identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.

kvzivn

Wave Cycles for MT4 Identifies cycles derived from every major high and low and automatically paints them on the chart for you. The ANGLE of the cycle gives you a roadmap into the future as to what type of move one can expect. The steeper the angle the greater the tendency for a market to rally/decline rapidly.