Gold Forecast

Latest Gold Forecast Articles

Last week's trading saw gold bottoming on Monday, here doing so with the tag of the 1459.80 (February, 2020 contract). From there, a sharp rally was seen into mid-week, with the metal pushing all the way up to a high of 1489.90 - before selling off the same into Fri
Last week's trading saw gold forming its low early in the week - here doing so with the tag of the 1456.70 figure (February, 2020 contract), made on a Tuesday time bottom. From there, strength was seen into later in the week, with the metal pushing up to a Friday hi
Gold prices have been correcting since September, and investors are beginning to wonder if it's the right time to buy? With our Gold Cycle Indicator below 100, the odds are beginning to favor an intermediate low.  The Perfect Price As investors, we c
Last week's action saw gold initially holding firm, with the metal pushing up to a high of 1479.20 - made in Wednesday's session. From there, however, weakness was seen into later in the week, here dropping down to a Friday low of 1461.20 - before bouncing slightly
The correction that began in September is nearly complete, and gold should bottom in the opening days of December. The current pullback is nothing more than a normal cycle correction. Once gold bottoms, we expect an advance to $1600+ in the first quarter of next yea
Last week's trading saw gold forming its low early in the week, with the metal dropping down to a bottom of 1446.10 - made in Tuesday's session. From there, strength was seen into later in the week, here pushing up to a Thursday high of 1475.50 - before backing
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
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

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