2015.03.27 Silver Cycle Model Chart

2015.03.27 Silver Cycle Model Chart

The silver cycle model is performing reasonably well, and suggests that the March/April maximum in price may have already passed. We are looking for a minimum in the July/August time frame at $1400.  Below is the silver cycle model run from 2014.12.12, also on the blog here.

2014.12.12 Silver Cycle Model Chart

2015.03.13 XOI.X Cycle Model Chart

2015.03.13 XOI.X Cycle Model Chart

Interpreting the model at this juncture reveals a few possibilities. In the immediate time frame, there is increasing upward pressure on the index price. However, it may also be that the peak might have been a couple of months early compared to the model prediction. Given the past performance of the model, taken together it suggests that Fall 2015 should encompass a low in the index curve, and another turning point.  Previous iterations of the model are available on this blog.

2015.03.05 Gold Cycle Model Chart

2015.03.05 Gold Cycle Model Chart

The gold cycle model suggests another inflection point in the price curve occurring at the end of April, which if the model continues to perform well, suggests strong cyclical pressure for a price rise in that time frame. The Z-score is still below 2, so from that aspect, the model is still performing within its limitations.