Replies to post #49029 on Short Term Trading Member Forum

[Oddlot]

Re gold, it bottomed on schedule and is on day 4 of a nominal 30 day, with next major low to occur 12-13 weeks from last week. The cci(9) is geared for 30day cycles and is already overbought, but nominal high would be near day 12-15. Imo one should wait another week+ before monitoring the cci. Eventual target from PNF is 1650 area.
Oddlot