Saturday, April 26, 2014

2014.04.25 Gold Cycle Model Chart

2014.04.25 Gold Cycle Model

The gold cycle model suggests we may have passed an intermediate low for gold prices. Currently, the model is predicting a gold price of $1750 at the end of 2015. While this has been a good model thus far, I want to enter a caveat - which is that the silver cycle model does not corroborate it going forward, at least by historical gold:silver ratio.  You can find all the previous gold cycle models in the archives, and the last iteration is below.  Note I have changed the time scale and price scale to accommodate forward price action.

2014.03.20 Gold Cycle Model