|2014.04.25 Gold Cycle Model|
The gold cycle model suggests we may have passed an intermediate low for gold prices. Currently, the model is predicting a gold price of $1750 at the end of 2015. While this has been a good model thus far, I want to enter a caveat - which is that the silver cycle model does not corroborate it going forward, at least by historical gold:silver ratio. You can find all the previous gold cycle models in the archives, and the last iteration is below. Note I have changed the time scale and price scale to accommodate forward price action.
|2014.03.20 Gold Cycle Model|