2017.03.31 Silver Cycle Model Chart

2017.03.31 Silver Cycle Model Chart

The lack of any phase shift suggests that the peak in May/June has a high probability.  Note that the magnitude of the peak has changed, but the timing is relatively consistent from the past iteration. The previous iteration of the model is shown below and here on the blog.

2017.02.10 Silver Cycle Model Chart

2017.03.03 Gold Cycle Model Chart

2017.03.03 Gold Cycle Model Chart

The gold cycle model continues to predict higher prices for the metal, however, there is still some right phase shift of the predictive curve, which has also projected a decrease in the magnitude of the price going forwards. Meanwhile, the GDXJ medium term model has shifted into sell mode on 2017.02.27, however, the medium term model for GLD is still on buy. This is consistent with a long base formation we see in the gold price over the past year. A previous iteration of the model is shown below and here on the blog.

2017.02.03 Gold Cycle Model Chart

2017.02.24 XOI.X Cycle Model Chart

2017.02.24 XOI.X Cycle Model Chart

The XOI.X model predictive curve continues to shift to the right, and suggests that much lower prices are highly unlikely, while pressure is building for a rise going forwards.  Astute readers with good memories will realize this is the same analysis as provided from the model run about a month ago shown below. Also of note is that a medium term model of USO continues to remain in sell mode, as shown here.  A previous iteration of the model is shown below and here on the blog.

2017.02.01 XOI.X Cycle Model Chart