Cycles analysis is popular but it’s subjective and therefore not actionable. There are two recent popular cycles that failed in recent years.
Moreover, with respect to Gold’s 8-year cycle, it was not helpful during the bull market in the 2000s nor the 1970s. I sketch out 3 potential scenarios for Gold and in each scenario I can pick a meaningful low at or close to the 8-year cycle low.
For these reasons, I’m not a fan of the 8-year cycle as a valuable tool and don’t follow cycles analysis. However, if it helps you make money then you should follow it.
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