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 Down (->80D trough). Bitcoin Up (20W trough).

Gold – approaching 80 day cycle trough zone. Down.

Nearing 80 day cycle trough zone, but expect downside to play more until the trough sticks.

Bitcoin – tested 20 week cycle trough. Up.

The 20 week cycle trough zone has been tested.

This post was first published on Hurst Cycles Notes.