Cycle Trading

Precious Metals are breaking out.

The Miners are breaking out to new highs.

Gold closed at a new all time high.

Silver is breaking out to a new high.

With precious metals potentially entering into a melt-up phase. That may obscure our cycle counts. We may need to rely on our cycle band tool – which I cover regularly in the Weekend Report.

The aforementioned are all in a daily uptrend. They will remain in their daily uptrend unless they close below their lower daily cycle band.