2020.02.21 Gold Cycle Model Chart

2020.02.21 Gold cycle Model Chart

The higher prices predicted from the last model run in June, 2019 seen below on the blog have materialized, and the current model run suggests prices rising and then leveling off near ~ $2100 by Fall, 2020. There is a possibility of a right phase shift, but the model estimates prices < ~$1500 have a probability of < ~5% and prices > ~$1600 have a probability of  > ~90% in the next few months. The medium-term AI model is on buy as of 2021.02.18.  All models are wrong but some are useful.