Econocasts

Saturday, January 26, 2019

2019.01.25 Gold Cycle Model Chart

2019.01.25 Gold Cycle Model Chart

















There is a hint here that the months long right phase shift may be on hold.  Much lower prices seem highly unlikely according to the decadal cycles, but we will have to see what happens in the next few months. Perhaps the Au market senses the end of QT.  A previous run of the model is shown below and here on the blog.  On the medium term model output page you can see that GLD has been on a buy since 2018.08.21.



2018.12.07 Gold Cycle Model Chart




2 comments:

Amsterjam said...

Thank you Paolo,
You might be interested in the following Hurst Cycle analysis on GOLD by Sentient Trader, here:
'Market Update - 9 November 2018 (Gold)' https://www.youtube.com/watch?v=qwN7XHgTI9Q
Good luck, and thanks for sharing,
Paul

Paolo said...

Thank you very much, Amsterjam. I was not aware of this work. What really got my attention is that the Hurst cycle periods that are mentioned align almost perfectly with some of the cycles discovered via Singular Spectrum Analysis - Multi-Taper Method, also known as SSA-MTM, which I used in the development of the cycle models.

Thanks for sharing this!

Paolo