Tuesday, February 1, 2011

The XAU Pendulum Indicator

The overall long term price trend and fundamental background for gold, silver and the XAU is clearly up. This is irrespective of the apparent current conflict in cycles. Downturns, such as we have all recently experienced, provide one with an opportunity to acquire real assets at “on sale” prices. We are going to review the primary trend and cycles within that trend.

In this setting, we try to keep it as simple as possible using a primary trading platform of the Trend Directional Indicator (TDI), Gravity Center (GC) and the Pendulum SRA cycle indicator while ignoring traditional indicators. By excluding traditional indicators, we are limiting the decision making process while eliminating some of the extraneous noise.

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