Cycle Projection for Gold - Weekly
The synthesised cycle projection shows the possible pressure on price with respect to the moving average ie. the detrended price movement for Gold.
This weekly chart projection indicates possible downward pressure on Gold from early March 2007 until late April 2007... before upward pressure then probably resumes.
Note that the accuracy of cycle projections is higher in the near future and then can begin to "fade".
Note: This information is purely a research tool and should be used in conjunction with other trading tools.