2016.07.01 Silver Cycle Model Chart |
The silver cycle model suggests that the silver price is ahead of the modeled curve prediction. Usually, a divergence of this magnitude has tended to quickly reverse. On the other hand, the model is also phase shifting, and it appears that the future silver price may be getting in line with the gold price cycle model. Note that the timing of reversals is relatively preserved, while the magnitude at the point of reversals is less predictable. A previous iteration of the model is seen below and on the blog.
2016.06.06 Silver Cycle Model Chart |
1 comment:
Hi Paolo...looks like XOI is getting stretched against the model and we should see a sharp bounce soon? Thanks!
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