Gold Cycle Model Chart - Sunday, February 18

The right phase shift continues, but gold prices remained above $1300.

2018.02.16 Gold Cycle Model Chart


The right phase shift continues, but gold prices remained above $1300 as suggested by the previous model run. Notice though that the magnitude has shifted lower compared to the previous model iteration. I also just updated the medium term model output page, and GDXJ is again in buy mode.

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