Sunday, March 5, 2017

2017.03.03 Gold Cycle Model Chart

2017.03.03 Gold Cycle Model Chart

















The gold cycle model continues to predict higher prices for the metal, however, there is still some right phase shift of the predictive curve, which has also projected a decrease in the magnitude of the price going forwards. Meanwhile, the GDXJ medium term model has shifted into sell mode on 2017.02.27, however, the medium term model for GLD is still on buy. This is consistent with a long base formation we see in the gold price over the past year. A previous iteration of the model is shown below and here on the blog.




2017.02.03 Gold Cycle Model Chart

3 comments:

Paolo said...

The medium term model page has an update for GLD, which went into sell mode on 2017.03.09.

eFinancialModels said...

Does this model include only technical factors or also fundamental input factors?

Paolo said...

The cycle models only include price and time inputs, and the optimization function generates cyclical functions that attempt to minimize the error between the predicted and actual price curve.

The medium term neural net models use price, time, and volume to generate buy and sell signals.