Monday, December 5, 2016

2016.12.02 Silver Cycle Model Chart

2016.12.02 Silver Cycle Model Chart

















The predictive curve is far ahead of the actual price and the right phase shift has ended. A similar dissonance is seen in the recent gold and XOI.X cycle models. If the model is valid, the dissonance should resolve in the next four weeks with a rise in the silver price.

2016.12.02 Gold Cycle Model Chart

2016.12.02 Gold Cycle Model Chart


















This looks a bit like the XOI.X cycle model with its continued rightward phase shift. The predictive curve had a major inflection point in early November.  Looking at the Z-score, the previous record high of 5.47 occurred on March 18, 1980. The current Z-score is 4.86. If the model is still valid, over the next four weeks the actual price should approach the predictive curve.  Previous iterations of the model are found below on the blog.