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Dollar adjusted Gold: In depth time at mode analysis

업데이트됨

In this chart I conducted a very detailed time at mode analysis of the monthly chart in gold, adjusted by the world's investor's perception of the dollar to give us a clearer indication of its value.
Right now, the chart suggests gold might have bottomed in the intermediate to long term.
This is by no means a small claim, I know, but the technicals on chart are a powerful indication of a big paradigm shift here.
I'll look for bearish dollar setups from now on, I suggest you do it too.
Make sure to follow me at collective2, if you're interested of leveraging my technical insights.
Details are in my profile, as well as links to my track record as an analyst, forecaster and trader.

Cheers,

Ivan Labrie
Time at Mode FX

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On track, analysis is valid so far. Dollar peaked for 2015.

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Gold is holding its own, like most commodities, but even outperforming the index.

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We have hit the 12 month mode support. I think this is really the bottom for a long time.

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Gold continues to be weak, failed rally is very bearish. We will resume the march down to my lower targets in the related ideas.

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Big rally after time expired...nice!

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...and now it's looking toppy.