We finally have some movement within the gold complex, and for a welcomed change, it’s to the upside. It has been dicey lately, as the back and forth daily swings have been unnerving. It’s not common within bear markets to see an asset form a Cycle Low and then just take off to the upside. This is why anyone trading the precious metals sector needs to understand that the Long traders carry with them a lot of anxiety. Past experiences have them guarded, which is why we see these frequent quick intra-day reversals…they’re spooked far too easily.

Fortunately, we are into the timing band for these big Cycle Low events now. Within this report, I bolster the idea that we’re seeing evidence to support these lows as having pasted already. Shifting the main question now away from whether we have new Cycle’s in play over to a discussion on what these Cycles could potentially bring.