You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
The Macro Brief is an excerpt from our weekly Macro Outlook newsletter. Today we are highlighting the Gold and Oil.
General outlook: Gold Down (->20D trough). Oil Up (80D trough).
Gold – looking for the 20 day cycle trough. Up.
A 40 week cycle trough may be in place (eclipsing the 80 day cycle of last week’s note) and we may be due a constructive 20 day cycle trough.
Oil (WTI) – 80 day cycle trough zone. Up.
Price has landed in a clear 80 day cycle trough zone.
This post was first published on Hurst Cycles Notes.
