Gold Forecast

Latest Gold Forecast Articles

Gold saw a huge sell-off last week: the precious metal was down by $49 or 3.2% to close at $1,463 as of the final trade on the New York COMEX on Friday afternoon. During declines as we witnessed last week, it can be helpful to remember the big picture: gold broke
The action with the Gold market last week saw the metal forming its high in Monday's session, here doing so with the tag of the 1517.10 figure. From there, a sharp decline was seen into late-week, here dropping all the way down to a Friday low of 1457.00 - before bo
Gold futures are breaking lower after last Friday's better than expected employment data and today's stable ISM nonmanufacturing index. Our forecast for a November breakdown appears to be underway. Gold tends to form interim highs or lows in the opening days of a
Last week's action saw gold dropping into Wednesday's session, where the bottom for the week was registered with the tag of 1483.10. From there, a slingshot higher was seen into Friday's session, with the metal running all the way up to a peak of 1519.00 - before ba
After peaking in September, gold entered a mild corrective phase. The pullback into October lacked depth and appears incomplete. The potential for a secondary breakdown remains. A pause in the Fed rate-cutting cycle on Wednesday could trigger the next wave of sellin
Last week's trading saw gold forming the bullish path of an early-week low into support, here hitting a bottom of 1484.00, made in Tuesday's trading session. From there, strength was seen into later in the week, with the metal pushing up to a Friday high of 1520.90
Last week's trading saw gold forming its high for the week in Tuesday's session, here doing so with the tag of the 1503.00 figure. From there, weakness was seen into Wednesday's session, with the metal dropping down to a low of 1480.30 - before consolidating to the
Gold prices continue to grind their way lower after peaking in September. The correction has been choppy as traders weigh weaker than expected economic data versus productive trade talks with China. Overall, this appears to be a normal cycle correction, and we shoul
Metals and miners have been bouncing after forming interim lows. Our cycle work supports a broken rally that should rollover between now and mid-October. A trade deal with China (partial or otherwise) could trigger the next selloff in gold. The 45 Day Cycle We
I’m not a perma-bull on gold, and I invest in a variety of asset classes depending on where value is in the market. For example, I sold my gold and silver coin collection at high levels in 2011 because there was so much enthusiasm in the space and started buying