Gold Forecast

Latest Gold Forecast Articles

In the world of politics—and often economics—perception often becomes reality. We’ve seen that throughout 2017 as changing geopolitical headlines seemed to affect markets one way or the other. And now that politicians in Washington are moving forward on a new tax pl
Last week we forecast that the gold price would correct to $1,300 or so and form a bottom sometime after Wednesday. The primary reasons for this forecast concerned the fact that momentum had turned downwards after gold became sharply overbought and that the Fed
The gold correction we’ve forecast started last week. However, the ongoing geopolitical issues with North Korea have “muddied” the waters. Always remember that gold is a “sentiment” trade. The precious metal has virtually no industrial uses, so the economic
Gold is retesting its 2016 - 2017 consolidation breakout, and the decline seen over the previous two weeks provides an ideal opportunity for precious metals investors to make final purchases before the technical model suggests that 2016 highs will be exceeded for go
It really should be clear that a major international banking crisis is inevitable, and likely to occur fairly soon. Due to the extreme debt levels, many banks are close to that point of failure. An event like a stock market crash is likely to push many banks to t
As we noted in last week’s forecast, gold prices had significant momentum and could overshoot to $1,340 before staging our expected pullback. Gold did overshoot, but instead moved to $1,350. The precious yellow metal is, after all, a sen
Hurricane Irma. Hurricane Jose. North Korea’s belligerence. Stocks and bonds with confidence at the same time—a rare feat in the market place. As the bard once said, “Something is rotten in Denmark.” The same applies to the markets, where gold’s price has recentl
Our forecast from last week unfolded like clockwork with gold prices breaking above the all-important psychological level of $1,300 and following through to our upside target of $1,325. That was the easy money. This week is not nearly as clear. Gold has major res
Anyone paying attention to the price of gold lately has seen the yellow metal stop its pessimism on the year and reverse course, instead heading back to $1,300 with a vengeance. While the stock market makes rocky moves both up and down with uncertain headlines in North
Gold has finally broken out of a simple yet powerful technical boundary – the declining linear trendline which defined the 2011 – 2017 period in precious metals prices. The ramifications for this breakout are significant and we expect higher gold prices are in store for

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