AG Thorson

AG Thornson

AG is the editor of www.GoldPredict.com report and creator of the Gold Predict Color Code. His members receive frequent updates and commentary regarding the gold, silver, and mining sectors. At his heart, he is a technician and prides himself on making his analysis easy to understand through the use of adaptive and creative charting techniques. You can reach AG at info@GoldPredict.com.

Metals and miners may have topped yesterday, but we won't know until each close beneath their respective 10-day EMA's. The dollar tested the 100 level again, and it should bounce as precious metals correct. Oil is in a drawn out topping situation similar to t
Gold and silver met resistance at the $1,200 and $17.00 resistance levels, respectively. It's possible their common cycles topped today. Closing below today's lows will be the initial signs of an interim top. What troubles me most is miners. In a strong bull mark
Gold and silver are bouncing from oversold conditions, as expected. Gold prices should remain below $1,190 and silver below $16.80 during this rebound. However, miners have already exceeded our expectations for a relief rally and could be signaling a bottom. If t
It's easy to turn bearish when gold prices drop consecutively for 6-weeks without an intervening rally. Sentiment for precious metals and miners has cratered, but prices continue to grind lower. The charts are oversold, and Investors are growing concerned, understan
We currently sit in a precarious position regarding the cycles I follow. The intermediate (6-month) gold cycle is the primary mechanism behind roughly 70% of our timing decisions and therefore a vital component of our system. Our medium-term outlook has swung betwee
Gold and silver rallied strongly late Tuesday as it became apparent Trump would win. However, it was short-lived, and prices quickly retreated. The abrupt reversal was a precursor to the sharp declines that followed later in the week. Miners broke decisively thro
The first two weeks of November host critical events that will shape the next few months. Most important of which is the US Presidential election. Its outcome could send shock-waves through the entire financial system. A Trump victory could support gold prices as
We have been looking for one-more-drop in precious metals and miners for over two weeks. Prices seem to be rolling over now. Consequently, we expect a significant low in early to mid-November. This pullback is the first meaningful correction in a rejuvenated gold bu
In our August 12th market update, we noted the slowing momentum in precious metals as the gold miners made a marginal high without metals. It appeared distribution was taking place throughout the mining sector into that August high and we subsequently issued a sell aler
Gold, silver and miners are quickly approaching their respective buy zones. Moreover, an exceptional bottom is rapidly approaching.  The move down into an intermediate cycle low is often terrifying. Investors that are unfamiliar with cycles are caught off guard

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