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.

After peaking in 2011 gold entered a prolonged correction. Prices bottomed in 2015 when the FED increased rates for the first time since 2006. Gold prices rallied sharply in 2016 and 2017, but failed to produce a sustained uptrend. The multi-year basing pattern is nearl
Gold finally broke the October low, and prices should bottom within the next 1-4 weeks. The low could arrive next week if prices suddenly spike below $1,215. In December 2015/2016 gold bottomed 1-day after the FED announced a rate hike (see chart). The Fed meets Wed
What an exciting time to be a market technician. It’s not very often we get to witness a full-blown speculative mania, and Bitcoin is just that. Prices are up 1,500% in 12-months, and everyday people are looking to buy. The lot points to a bubble and Gold investors
Several factors support an October low. If our analysis is correct, prices should bottom within the next two weeks and begin an accelerated uptrend. Short-term cycles isolate the second week of October. Before we get into specific timing and targets, I'd like to exa
Gold continues to rebound, but the rally in miners lacks conviction; trading volume is anemic. Our primary forecast expects another decline in metals and miners before reaching a sustainable low. 10-year Treasury yields broke out above the bearish short-term tren
Precious Metals and miners are advancing toward their intermediate targets outlined in our April 21st exclusive: Gold Price Forecast - The Correction Into May Has Begun. The daily cycles are close to bottoming, and an interceding bounce is warranted. The short-term
In my last missive, I presented our medium-term Gold Forecast. Cycle conditions suggested that a top was at hand. Geopolitical events (Syrian missile strikes and North Korea) extended the rallies in gold and oil an additional week. Prices topped, consequently our fo
This report will cover our medium-term outlook for precious metals as well as gold’s longer-term forecast. Our analysis suggests metals and miners probably topped last Friday. If correct, prices should drop for the remainder of April and into May. We will monitor
Three weeks ago, I was expecting an interim low in precious metals and miners. March 10th, I wrote, "Metals and Miners are rapidly approaching an intervening low." Prices confirmed a bottom later that day, and I issued this GDX update. The foreseen rebound is nearin
A few weeks ago, I noted the divergence forming between metals and miners. Gold and silver rallied into March, but miners dropped extensively, breaking below their 50-day EMA's. This behavior is distinctly bearish, and I'm reevaluating the potential for a decline in

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