KGC's main 42-candle cycle has turned down from its resistance peak; the decline is expected to run to a mid-cycle low in late winter (December–January), the rebound attempt after that is likely to fail, and the lowest price is not expected until May 2027.

We will now take a look at two shares from yesterday's Discord channel . Kinross Gold stock is the first. As you can see, we have a large main cycle of 42 candles divided into distinct sub-cycles.

The previous cycle was very flat, peaking here on the left side, then reaching the mid-cycle bottom, and tried to rise again , but it could not surpass that peak, and fell back to the cycle bottom support level.

Now, in this cycle, we reached the peak of the resistance zone, and then we descended back down . Therefore, we expect this decline to continue until we reach the mid- cycle low in late winter, during the period from December to January, and then attempt to rise again.

Based on the patterns of these cycles, this attempt is likely to fail, and we will then see a further decline in prices during the spring. The price will not reach its lowest point until May 2027.

On the daily chart, we observe a positive cycle, a good upward move to the peak of the previous cycle last May, and then a sharp drop to here. This was a negative cycle. Then we saw a slight rebound, then another drop , and now we are seeing a new rebound.

So, if this rise continues, we will have to widen these cycles a little to account for this late decline, perhaps by a bar or two. Note that this trend has changed in the last two cycles.

Therefore, we may need to change direction and lengthen the cycle slightly. If that doesn't happen, and if the price fails and comes back here, we have a time window for the daily cycle between October 28 and November 5, with earnings being announced during this period.

As you can see , the thin PO line here suggests the possibility of a signal of continued downward momentum emerging soon.