|2014.09.05 Gold Cycle Model Chart and Z-score|
I am presenting the usual gold cycle model chart with the addition of a Z-score. The Z-score is a measure of the deviation of the predictive curve from the actual price. The farther this measure diverts from "0" the greater the likelihood that the actual price curve will revert to the predictive price curve. Currently, the model is suggesting higher prices. A previous iteration of the model is shown below and here.
|2014.04.25 Gold Cycle Model Chart|