Gold Forecast

Latest Gold Forecast Articles

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
For the last couple of weeks we have been tracking improving gold and silver Commitments of Traders (CoT) data, noting that a seasonal low (on historical average) is in the offing and also ongoing tax loss selling as reasons to expect a bounce or even a significant
With the year coming to a close and the Federal Reserve calling in another interest rate hike in another bout of optimism for the economy as a whole, things don’t necessarily look good for gold. The precious metal—seen as a hedge rather than a key indicator for economic
Recent Gold Price Action The last week has seen the metals and miners drop down into support regions. As I write this, we are sitting just over major support for most of the charts I follow. Whereas the GDX likely provides the cleanest pict
Let’s take a quick departure from gold into the hysterical world of Bitcoin. Multiple emails received last week noted concern about Bitcoin’s effect on gold. Below are my responses. Here Are My Views on Bitcoin (we note that the gurus are now weighing in, which i
As we reported recently: “But let’s be aware that nothing much has happened yet technically, it is holiday silly season and it is incumbent upon a bearish sector to prove itself to be bullish. I am currently using the sector as a counterbalance to broad market posit
It is an honor to be asked to contribute a weekly article on gold and the gold sector by the founder (I.M. Vronsky) of the first gold website I ever read way back in 2001, Gold-Eagle. You may know me (if you know me at all) as an antagonist toward certain gold