Gold Forecast

Latest Gold Forecast Articles

The gold price was on a crazy roller-coaster ride during 2016. Gold bugs were ecstatic during the first half of the year, as gold finally rallied strongly after a 4-year correction. It was a fierce rally to be sure, as the price advanced from $1,045 to $1,377 in the cou
Gold and silver are bouncing from oversold conditions, as expected. Gold prices should remain below $1,190 and silver below $16.80 during this rebound. However, miners have already exceeded our expectations for a relief rally and could be signaling a bottom. If t
2017 is only days away…with 2016 sufficiently wrapped up, looking toward the future and forecasting the price of gold is the next step. Where do we expect the price of gold to head in early 2017, and why? To answer those questions, we’ll approach our gold
By now, gold’s performance in 2016 is largely in the books. We know that gold is up on the year after starting in the mid-1,000’s. Consequently, if it were to close today, the price of gold would be up about 6%. In the world of commodities, that’s a strong year, even if
The US dollar took the opportunity of the Fed rate hike last week to advance further from the developing breakout we were observing over the past month. The dollar surged over 1% after the hike, eclipsing the 102 level on the Dollar Index and finally closing near 103 by
It's easy to turn bearish when gold prices drop consecutively for 6-weeks without an intervening rally. Sentiment for precious metals and miners has cratered, but prices continue to grind lower. The charts are oversold, and Investors are growing concerned, understan
Anyone watching this space yesterday knows how important the Federal Reserve’s announcement of an interest rate hike has been to the economy as a whole. Although the stock market has shown some resilience—first heading down, but rebounding early on Thursday morning…
Every time the Federal Reserve meets, it’s big news…one way or the other. In some cases, the Fed will meet and keep things the way they are. But anticipation of an interest rate hike is rampant for this month’s meeting, which means that gold investors will want to p
The next Federal Reserve policy meeting is not until December 14. Nonetheless, the US 3-Month Treasury Bill market is already pricing in a hike to the key interbank lending rate. Why is this important for precious metals investors? Because it was the first Fed Ra
We currently sit in a precarious position regarding the cycles I follow. The intermediate (6-month) gold cycle is the primary mechanism behind roughly 70% of our timing decisions and therefore a vital component of our system. Our medium-term outlook has swung betwee