Gold Forecast

Latest Gold Forecast Articles

In our February 4th missive, "Cycle Low Next Week And The 2018 Breakout" we shared our expectations for a reversal in metals and miners between February 5th - 9th. Gold bottomed February 8th, silver and miners reversed a day later. The structure in gold is sound.
The gold price has been slowly grinding higher in volatile trade over the past two years. After bottoming around $1,050, the price has put in a series of higher lows on the technical charts, which is a bullish sign. Adding to this bullish pattern was a new higher hi
Gold Prices This Week and Next Week’s Outlook Silver has doggedly refused to lead gold and in an instance of an indicator finally working as it should, the Silver/Gold ratio’s decline finally saw a big crack in the risk ‘on’ global market backdrop. Flipping it
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

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