ΣL Precious Metals Composite - 18th April 2023 | @ 142 Days | Snippet
'A' class signal detected in Sigma-L Precious Metals Composite (Gold, Silver, Platinum, Palladium, priced in US Dollars). Average wavelength of 142 days over 7 sample iterations since April 2020
Signal Class & Attributes
Defining characteristics of the component detected over the sample period.
Detected Signal Class: A - learn more
Average Wavelength: 142 Days
Completed Iterations: 7
Time Frequency Analysis
Time frequency charts (learn more) 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 Detail & Targets
Here we give more detail on 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. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample.
Phase: Hard Up
FM: +- 3 Days
AM: N/A (Composite)
Next Trough Range: July 24th - 30th July 2023
Next Peak Range: 15th May - 21st May 2023
Sigma-L Recommendation: Late Buy
Time Target: ~ 18th May 2023
Price Target: N/A (Composite)