Econocasts

Sunday, February 18, 2018

2018.02.16 Gold Cycle Model Chart

2018.02.16 Gold Cycle Model Chart
















The right phase shift continues, but gold prices remained above $1300 as suggested by the previous model run.  Notice though that the magnitude has shifted lower compared to the previous model iteration.  I also just updated the medium term model output page, and GDXJ is again in buy mode.






2 comments:

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Diego said...

Hi Paolo,

Thank you as always for the updates.

No comments = Sentiment is gone = this is the bottom

Hope is not a trading strategy but that's what is left, right ? ;)

Regards, Diego