August 2013 Spiral Calendar Predictions For Gold (GLD)

Posted: August 6th, 2013 under Misc/Admin.

Here is a chart for GLD showing an imminent triple cluster/possible turn point on Wed-Fri Aug 7th-9th this week. This is a total of 14 spiral calendar alignments from past highs and lows in 3 days.

Spiral Calendar clusters are shown as the red and green vertical lines above and below the price chart on specific dates. Each vertical line also has several red or green numbers that indicate the f-numbers of spirals that originate at a past high or low point in this time series and end at that particular date. There is also a blue number nearest the price bars that shows how many spirals cluster at that date. The decision to make a particular spiral cluster a red (top) or green (bottom) prediction is based on whether or not the daily close is above (red/top) or below (green/bottom) a 5 day moving average of the close plotted as a gray line.

Future predictions for the coming month are shown at the right side of the chart – the gray tick marks indicate trading days and the black tick marks indicating Monday of each week. So the spirals for the next four weeks are shown. The red/green status for these is based on the last available close being above or below the moving average, so it may change as the month progresses and the close goes above or below the moving average.

Sometimes browsers omit detail in scaled down graphics, so I recommend clicking on the chart to view the full size version.

August 2013 Spiral Calendar Predictions For Gold (GLD)

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