Gold 2012 Revised Cycles Yearly Outlook

Posted on by pmontesdeoca

 

Hello, I am Patrick MontesDeOca with Precious Metals Information.

OUR MISSION at Precious Metal Information…is to provide a completely free platform for industry experts to publish their opinions and commentaries on the cutting edge of technology.

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This is the 2012 Revised Special Edition for the Gold 2012 Yearly Cycles Report.

  EWC-Trading.com – Yearly Chart 2012 Gold Trend

 Chart provided by:                          www.ewc-trading.com

 

The Highs for this period:

According to the VC Price Energy Momentum Indicator, the upper end of the vertical axis indicator above 8 begins to get overbought anything above 9 is extremely overbought.

These are the following months for this period: January, March, October and December, 2012.

The recommended strategy: cover long and reverse to short.

These monthly dates contain a high probability factor for the monthly cyclical patterns to change and reverse as the cyclical energy period is completed and the indicator adjust to the access level one in preparation for the next cycle wave pattern to start again continuously in a forward motion.

Use these dates as a reversal indicator. For stocks and ETF’s use the New York Stock Exchange PM Closing Prices.

The Lows for this period:

According to the VC Price Energy Momentum Indicator, the low end of the indicator below 2 begins to get oversold. Anything below 1 is extremely oversold.

These are the following months for this period. February, April, and November, 2012.

The recommended strategy: cover shorts and reverse to long.

These monthly dates contain a high probability factor for the monthly cyclical patterns to change and reverse as the cycle energy period is completed and the indicator adjusts back to the axis level 9 in preparation for the next cycle wave pattern to start again continuously in a forward motion.

Use these dates as a reversal indicator. For stocks and ETF’s use the New York Stock Exchange PM Closing Prices.

Acceleration Patterns:

According to the VC Price Energy Momentum Indicator, the acceleration patterns are directional momentum indicators that identify increasing trend volatility and are used to add to your position according to the 30 day trend patterns.

These are the following months for this period: May, June, July and August 2012. 

The recommended strategy: Add to trend positions on corrections.

PRICE CONCLUSION:

By interpreting the VC Energy Price Momentum Indicator for the remainder of 2012, we can expect a high level of volatility in the gold market over the next few months.

The cyclical wave pattern seems to suggest we have made an important low in the month of April 4, 2012 at $1.613 per ounce .

Our proprietary research suggests this level will hold as support and function as a foundation for a major rally that could propel gold prices to reach new highs this summer above $2,150 per ounce.

Over the next couple of months, expect a short-term top in June with a minor correction into the month of August.

If this patterns unfolds it would should set the stage for a significant rally into the month of October, from which the last correction for this year should develop into the month of November.

From here it shows the potential for a rally into new all time highs as we move towards the end of 2012, well above $2,200 per ounce.

The VC Price Momentum indicator points out two potential time periods for new all time highs in 2012. Keep a lookout for the months of October or December for this to potentially take place.

 

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