The Gold Forecast Videos | The Gold Forecast

The Gold Forecast Videos

Traders Wonder Whether Trade Talks are yielding Results Or Two Steps Forward and one Step Back
Gold Futures traded to a higher high, and a higher low than yesterday, the same is true when compared to Monday that being said price advances over the last three trading days have been nominal at best. With a net gain of only five dollars since Monday. While our technical studies indicated that the conclusion to the most recent... Read more 11/20/2019
Gold Prices Continue to Rise Gaining $27 Since Last Tuesday
Gold Futures traded to a higher high, and a higher low than yesterday’s price range. The most active December contract also closed fractionally higher on the day. As of 4 PM EST gold is currently up one dollar at $1472.90. This is an extremely fractional gain of .05%. However, the fractional gains seen in gold pricing today also had to... Read more 11/19/2019
Trade War Uncertainty Results in Dollar Weakness and Moderate Gains in Gold
The entire precious metal complex experienced a moderate gain today. Gold as of 3:30 PM EST is currently trading at $1471.50, which is a net gain of three dollars on the day. The moderate gains in gold pricing can be directly attributed to two primary factors. First is dollar weakness, the dollar index currently down .23%, and fixed at... Read more 11/18/2019
Fibonacci Study Indicates Bottom and Support for Gold - Part 4
On Monday, November 11th, we first spoke about two different technical indicators used to mathematically quantify market sentiment. One study we spoke about which is used to identify current market sentiment was a simple 50 and 200-day moving average. Then we discussed a technical study referred to as a Fibonacci retracement and we... Read more 11/14/2019
Technical Studies Indicate Possible Bottom and Support for Gold - Part 3
On Monday, November 11th, we first spoke about different technical indicators used to mathematically quantify market sentiment. We first spoke about one of the most widely accepted technical indicators which is used to identify current market sentiment; a simple moving average. While the 50-day moving average is used to identify the most... Read more 11/13/2019
President Trump’s Mixed Messages Continue to Confuse and Confound Market
In a speech to the Economic Club of New York today, President Trump said, “We’re close -- a significant phase one deal could happen, could happen soon.” He said this within the context of a statement claiming that China is “dying” to make a trade deal with the U.S. and the first step of a broader agreement is close to being completed... Read more 11/12/2019
Technical Studies Indicate Possible Bottom and Support for Gold
While it is an accepted fact that fundamental events shape the financial markets, many analysts use technical indicators as a way to mathematically quantify market sentiment. One of the simplest and most widely used technical indicators used to determine a current trend for a stock or commodity are moving averages. The use of a simple... Read more 11/11/2019
Trade War “Phase One” – What Progress is Really Being Made?
It seems that from day to day, the news regarding forward progress, and concessions made by the United States and or China seem to change. The one certainty is that the words of the officials on both sides lack longevity. According to ABC News yesterday it was announced that China and the U.S. agreed to rollback tariffs in phases, as... Read more 11/08/2019
Tariff Reductions Shifts Focus Away from Real Unresolved Issues
Both gold and silver sold off sharply today in response to positive remarks regarding the trade war. Although very little detailed information concerning the initial agreement from the negotiations held last month in Washington are known, today China announced that it had agreed with the United States on removing some of the existing... Read more 11/07/2019