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 %
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