Featured is the weekly gold chart. The green arrows point to bottoms in the 7 - 8 week gold cycle, the purple arrows point to tops. The goal is to buy near the bottoms and take partial profits near the tops. This week is #2 in the current cycle. The supporting indicators are turning positive. The upside reversal of last week matches perfectly the upside reversal from December 2013. Monday’s closing price above $1240 is further proof that the bottom at $1180 is holding. The Gold Direction Indicator closed at 25% on Monday Oct 20th, up from 3% on Oct. 1st. This GDI reading is updated in all of our reports. Sample copy is available via our website.