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graham.edwards84
Sep 6, 2017 2:31 PM

GOLD GC XAUUSD Long

Gold FuturesCOMEX

Description

We have begun the rotation into the commodity cycle and ending the equity cycle. The unwind in equities will be apparent into this coming year. I will post a crude oil chart today also that is clearly demonstrating a similar set up. It's not the best time to get in as the current high in gold will see some short term consolidation as the chart shows. In the meantime I do expect equities to make a new high... for example I see AAPL reaching the 185 to 190 range in the short term.

This is only an opinion. Thanks.
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