Gold Composite - 12th April 2023 | Snippet
A class signal detected in Gold composite (XAU vs USD/EUR/CAD/GBP). Attributes, targets and phasing analysis below
Defining characteristics of the component detected over the sample period.
Average Wavelength: 55.74 Days
Completed Iterations: 16
Time Frequency Analysis
Time frequency charts below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.
Signal Rating and Targets
Here we give our rating for the signal and our expectations for price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets.
Detected Signal Class: A
Phase: Hard Down / Troughing
FM: +- 3 Days
Next Trough: 15th - 21st April 2023
Next Peak: 12th - 18th May 2023
Sigma-L Recommendation: N/A (composite)
Time Target: N/A
Price Target: N/A
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