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 Gold and Bitcoin.
General outlook: Gold Up (40D trough). Bitcoin Up (->40D peak)
Gold – 40 day cycle trough zone. Up.
Gold is close to the 40 day cycle trough zone. We are looking for a pro-trend upside reversal.
Bitcoin – nearing 40 day cycle peak zone. Up.
Price is approaching a 40 day cycle trough. We are expecting a shallow dip and then more upside.
This post was first published on Hurst Cycles Notes.
