This chart predicts $4,000 to $8,500 gold

The current gold bull market is just over 6 months old, and while it has not been a gentle ride, it is very much expected considering the volatility of previous bull markets. That being said, we are just getting started. Using a sports analogy, according to our estimates we are not even halfway through the second inning using the average duration of the previous three bull markets.

This chart predicts $4,000 to $8,500 gold