Please do not confuse my Gold Wave Analysis with Elliot Wave analysis. It is completely different.
Cycles, energy of the trend, and movement of the leveraged money flows.
ABCD is merely a designation of the natural cycles within the gold trend. It also considers the energy within the tape to forecast both duration and magnitude. In other words, it produces a time based forecast that is consistent with the energy of the previous cycles and direction of the leveraged money flows.
The Gold Wave Analysis suggests a mean, average window, bottom around May (plus or minus a few months). Cycles influence the money flows, and the money flows can slightly modify the cycle timing. This feedback loop is important, so they must be watched together.
Further Comments and Charts:
US dollar Diffusion Index
Gold Diffusion Index
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