2019.06.21 Gold Cycle Model Chart

 

2019.06.21 Gold Cycle Model Chart

The gold cycle model suggests a steady rise in the gold price for the next several months. Looking at the previous gold model run here, it is likely that the right phase shift of the predictive curve has ended, which gives some added weight to the notion that prices are indeed headed higher.  It appears that the long basing process may have ended.  The previous run of the model is below and here on the blog.

2019.02.22 Gold Cycle Model Chart

2019.06.21 Silver Cycle Model Chart

2019.06.21 Silver Cycle Model Chart

The silver cycle model is behaving well, and prices have increased since the last update of March.  The model suggests higher levels for the index going into Summer and Fall.  A previous model run is shown below and on the blog here. I had a three month vacation from the blog due to other exigencies.  I appreciate readers who contacted me to ask if the blog was still going to be updated.

2019.03.01 Silver Cycle Model Chart