Gold Forecast

Latest Gold Forecast Articles

Gold has outperformed silver and miners for over a year. We should see a change in leadership this year. Precious metals deliver their best gains when miners or silver pave the way. Miners sustained significant technical damage last week closing below the January
Most price forecasts aren’t worth more than an umbrella in a hurricane. There are so many factors, so many ever-changing variables and dynamics, which even the most educated guess almost always ends up wrong. Further, some forecasts base their predictions o
We are now preparing for what should be the final retracement in the gold price before 2016 highs are exceeded for good. The degree to which this retracement gives back recent gains is open to some variability, but the highest probability assessment is that gold wil
Gold Prices This Week And Next Week’s Outlook Last week: “Gold and the precious metals sector remain in a still-intact short-term uptrend within a seasonal rally that could run through January.” The precious metals sector (gold, silver and PM miners) remain on
Having observed the strength of gold’s surge following the successful retest of its long-term 2011 – 2017 downtrend three weeks ago, the theme for gold now becomes one of working to overcome 2016 highs over the intermediate term. Our focus must therefore change from
Gold Prices This Week And Next Week’s Outlook To review the events leading up to the current situation, we had viewed the early December breakdowns below support in gold and silver as potentially false ‘whipsaw’ breakdowns. The reasons were the oncoming bullish s
Since I began writing this column a few weeks ago, we have been expecting the gold and silver Commitments of Traders (CoT) data to complete a trend to a bullish risk vs. reward setup, while expecting a seasonal rally in the metals and miners. So far, so good. Las
Gold is now completing a pattern which repeats over and over again throughout history. The pattern suggests that a critical low is forming, and that the price of gold is set to begin a new primary advancing trend in 2018. Note that we are not anticipating skyrock
Anyone who follows gold with any regularity knows how important the price of the dollar is relative to the price of gold. If the dollar dips, it’s gold that benefits. But will the precious metal see a strong dollar in 2018, particularly as the Federal Reserve looks
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

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