Following a truncated peak in the Dow, futures trading data and gold model structures currently indicate metals prices are expected to move higher this year. Calculations now show gold moving to 1498 (+/-1%) by September 26, 2019 (+/-1 trading day) before moving higher. Preliminary calculations show a gold price in the range of 1675 by December 20, 2019 as the Fed continues to add liquidity. This move will occur in an environment where currencies, such as the Australian Dollar and British Pound are in decline, and copper exhibits a structure that presents the beginning of a long term move to significantly higher levels.
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