|2019.06.21 Gold Cycle Model Chart|
The gold cycle model suggests a steady rise in the gold price for the next several months. Looking at the previous gold model run here, it is likely that the right phase shift of the predictive curve has ended, which gives some added weight to the notion that prices are indeed headed higher. It appears that the long basing process may have ended. The previous run of the model is below and here on the blog.
|2019.02.22 Gold Cycle Model Chart|