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AG Thorson

Technical Analysis Expert & Editor @ GoldPredict.com

AG Thorson is a registered CMT through the MTA and an recognized expert in technical analysis of the precious metals markets. He is also the Editor of GoldPredict.com where 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 [email protected].

AG Thorson Articles

I will start our 2021 Gold Price Forecast with a quick update on physical demand. In our Metals Market Annual Recap (snippet below), I noted how record low gold eagle coin sales likely marked a bullish turning point for precious metals....
I saw the potential for market-changing news over the weekend, but I did not expect it to be on the vaccine front. Pfizer announced a successful vaccine, and gold is plummeting.
Governments cannot print endless amounts of money without repercussions or causing inflation. They got away with it during the 2008 crisis because the money stayed in the banks (for the most part). This time, the money is entering the...
In August, our article Cycles Support A September Buying Opportunity reported the potential for an aggressive cycle decline into the next 6-month low. That collapse is underway and we could see a buying opportunity by late September or...
Asset bubbles are a repeating theme. In 2017, bitcoin entered a bubble driving prices from $1000 to $19,000. The recent Bubble in Tesla marked a rally from $70 (post-split price) to over $500 in less than 6-months. Our work supports a...
Our article suspecting a potential spike-high in gold was timely, and prices peaked 3-days later. The decline into the 6-month is now underway, and long-term investors may want to consider buying near the 200-day MA. Our work expects a...
The spike-high we forecasted in gold last week appears complete. Prices collapsed to $1874.20 by Wednesday before finally rebounding. We think gold could retest support near $1700 by late September, which should produce the next great...
The near-term trends in precious metals reached extremes - a temporary top is becoming likely. A daily close below $2000 in gold would confirm a spike-high top and beginning of a 1 to 2-month correction. 
I see the potential for a spike high in gold this week. The days surrounding Friday's employment report are crucial. If the dollar bottoms around 92, that could trigger a multi-week correction in gold, potentially severe.
Gold prices have had a nice run after bottoming at $1450 in March. However, gold is coming into major resistance (around $1900), and multi-week correction is becoming likely. A decline back towards $1550 in the coming weeks could be one of...

In the Aztec language the name for gold is teocuitlatl which means "excrement of the gods."

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