Thursday, March 5, 2015

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.