I am rather surprised to read across the blogosphere how a majority of traders appear to discount and undermine the current gold market. I can appreciate that the longer term cyclical outlook remains unresolved, but in the short-term at least, I believe the gold sector looks to be in great shape.

My view comes with the hindsight of the Cycle count. From what I can see, we recently completely a clear 1st Daily Cycle Low and have already moved higher to new IC highs. Historically, with the second Daily Cycle just getting going, we are now in the most bullish portion of a 26 week Cycle. That means the performance over the next 3-4 week normally shows the best return of the entire Investor Cycle period.