Wednesday, March 13, 2013

Gold in CHF: Major Highs and Lows


The above chart (click to enlarge) has the Swiss Franc's gold price's major lows and highs of the last ten years (almost) since the low of CHF 471.85 on 2003-08-05.

I made the chart recently for the standard gold price in USD, so this is a check how much the look differs in CHF.

So below are the longest lasting periods to get a next major high in CHF.

In comparison to USD, in CHF we are only in the seventh longest draught in this ten year big uptrend and with -12.52 % draw down this time not out of line compared to previous periods. However, the last two recent periods combined do look a bit flat and do add up to soon 400 business days.

BTW, the number of periods with higher highs and higher lows in CHF is almost double the ones than if looked at in USD.

But whatever, time will tell:).

Major Highs

High No. 1
Date range:                   2006-05-11 - 2008-02-21
Length in business days:      465
High:                         874.98
Low:                          695.05
Draw down during this period: -20.56 %

High No. 2
Date range:                   2004-04-02 - 2005-06-23
Length in business days:      319
High:                         544.83
Low:                          482.57
Draw down during this period: -11.43 %

High No. 3
Date range:                   2010-06-08 - 2011-08-23
Length in business days:      315
High:                         1'435.80
Low:                          1'211.12
Draw down during this period: -15.65 %

High No. 4
Date range:                   2011-09-09 - 2012-10-04
Length in business days:      266
High:                         1'640.32
Low:                          1'442.72
Draw down during this period: -12.05 %

High No. 5
Date range:                   2008-02-21 - 2009-02-20
Length in business days:      261
High:                         1'041.00
Low:                          818.89
Draw down during this period: -21.34 %

High No. 6
Date range:                   2009-02-20 - 2009-12-04
Length in business days:      205
High:                         1'172.34
Low:                          989.26
Draw down during this period: -15.62 %

High No. 7
Date range:                   2012-10-04 - today
Length in business days:      113
High:                         1'669.74
Low:                          1'460.74
Draw down during this period: -12.52 %

High No. 8
Date range:                   2006-01-09 - 2006-05-11
Length in business days:      88
High:                         693.69
Low:                          693.15
Draw down during this period: -0.08 %

High No. 9
Date range:                   2009-12-04 - 2010-03-05
Length in business days:      65
High:                         1'223.16
Low:                          1'124.61
Draw down during this period: -8.06 %

No comments: