Gold Forecast

Latest Gold Forecast Articles

Last week's action saw gold rallying into mid-week, with the metal pushing up to a Friday high of 1215.80 (December, 2018 contract) - before turning south off the same to end the week flat to slightly higher overall. Gold Short-Term For the near-term action, t
With the action seen last week, this weekend I thought we would take a look at the cycle work in relation to both the gold and U.S. stock markets, to get some idea of what we might expect to see play out as we move into the Autumn months. Gold Price Cycles For
Gold has had a rough several months. The precious metal is down some $170 from its peak in April near $1,370, closing today just below $1,200 on the New York COMEX futures market. As we indicated in our last article, gold has failed to maintain the structure that wo
The recent action has seen the expectation of additional short-term strength for gold, with the metal pushing up to a high of 1220.70 into last Tuesday - before giving way to a downside consolidation to end the week. The positioning of the time cycles suggests anoth
With the action seen last week, gold finally managed to put in a decent rally, with the metal forming its low in Monday's session with the tag of the 1189.60 figure - before re-testing that level into Thursday/Friday. From there, a sharp move higher was seen into late-d
Last weeks trading saw Gold holding below our key (upside) price reversal levels, which kept the metal in its current weaker configuration - with the mid-term cycles still pushing south at the present time. Gold Short-Term For the near-term action, Gold needed
Short-Term Gold For the near-term, the next move for the gold market should be a rally with the 34-day time cycle, which is into extended range for a bottom: In terms of time, the 34-day cycle is now well into extended territory for a rally to materialize, a r
Gold’s bottoming attempt following the 2015 low of $1,045 per ounce has failed to maintain a price structure indicative of a rising trend. Consequently, the odds have now shifted significantly that precious metals will not be in a bull market for the foreseeable fut
Let’s take a look at gold priced in oil (WTI Crude), the Dow and US dollars: Above, is gold priced in oil from 1983 to now. Price has moved in a large channel before it broke out at the end of 2014. This is really significant given the importance of oil in the cu
Gold's Short-Term Cycles From the comments made in my last article, the 10 and 20-day cycles looked to have topped at the most recent swing high of 1244.90 - with the confirmation of the same being a reversal below the 1220.30 figure (December, 2018 contract). With t

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