AG Thorson

AG Thornson

AG is an accredited CMT through the MTA and the editor of GoldPredict.com. His members receive daily updates and regularly scheduled reports 3-days a week. He prides himself on making his analysis easy to understand through the use of adaptive and creative charting methods. You can reach AG at info@GoldPredict.com.

Gold futures are trying to hold support near $1500 ahead of next weeks Fed announcement. Our intermediate forecast supports a pullback into October/November. A backtest of the $1380 breakout area could become one of the last great buying opportunities. 
Gold confirmed a new bull market in June 2019. The current cycle likely peaked last week after surging nearly $300 since May. Next, we should get a multi-week correction into October/November and perhaps a backtest of the breakout area surrounding $1380. Commitm
Gold and silver prices are forming outside reversals as I write, and an interim top is possible. Longer-term, we believe the gold bull market is just getting started and should last well into the next decade. A multi-week correction in metals and miners from this le
I'm seeing a lot of angst amongst gold investors that missed the recent runup. Precious metals and miners are nearly impossible to trade in the middle of a momentum surge. These are emotional assets, and prices move fast. Instead of looking at the immediate price ac
Here's a quick follow-up to my recent analysis Gold Forecast: Gold Prices Likely To Test $1360 In February. Gold is once again at a critical juncture just like last April. Will it tuck tail and run or finally breakout? I think we will know within the next few tra
After some deliberation, I altered my short-term outlook for precious metals and miners last week. The rally out of the 45-day cycle low in miners was troubling me. The 5 to 7-day thrust was robust and on expanding volume. It's rare for a move like that to terminate
This week is shaping up to be pivotal. Wednesday's FOMC announcement will set the tone. Market participants will be looking for guidance concerning interest rates and balance sheet reductions. From a cyclical and technical perspective, metals and miners are in th
I’d like to look at the bigger picture and consider certain trends we may see over the next decade. I think the deflationary pressures are waning and assets are slowly transitioning into an inflationary period. Major shifts like this require time. It often takes
The next 72-hours are critical. It seems nearly every market is at a significant tipping point. Tomorrow’s Fed decision will either extend or reverse the current trends. Expect increased volatility. Gold Prices It looks like gold prices are trying to break hig
In my last article, I explained how gold prices would either bounce or break sharply lower. Gold rallied, and prices appear to be following a 30-32 day cycle. The next cycle turning point should arrive in late December. The dollar cycle peaked on Monday, November

Pages