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| 2014.03.20 Gold Cycle Model Chart |
The gold cycle model is suggesting that we should be looking for a gradual rise in gold prices over the rest of 2014. Inquiring minds will note that this model is at variance with the predicted silver price over the same time frame. The previous iteration of the model is shown below.
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| 2014.02.07 Gold Cycle Model Chart |
2 comments:
Your models silver and gold divergence is likely going to be a problem, since the prices of the two tend to go in step, but anything is possible.
The two can be seen together on this link unless it expired, but it gives a very long view on this site... https://www.tradingview.com/e/l2BuZSQ4/#
You are right - which is why I let readers know there is a divergence. The dilemma is that both gold and silver cycle models have been working well within their limits for a few years. When I rebuild them they turn out the same way. I am expecting one or the other to begin to fail at some point.
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