2017.05.26 Gold Cycle Model Chart

2017.05.26 Gold Cycle Model Chart

The predictive model continues its shift to the right.  However, the large divergence in the predictive curve to the upside, as metered by the high Z-score, strongly suggests that prices should not fall significantly going forwards. Previous iterations of this cycle model can be found n the blog below.

2017.05.12 XOI.X Cycle Model Chart

2017.05.12 XOI.X Cycle Model Chart

The model may still be useful, even as the predictive curve continues to shift to the right but suggesting that much  lower prices are not likely in the medium term.The USO medium term model continues to point down, which points to a longer basing process before the any significant rise in price.

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