The Gold Forecast Videos | The Gold Forecast

The Gold Forecast Videos

Gold Gains Ground After U.S. Sales Reports Comes in Under Expectations
The entire precious metals complex gained ground today trading moderate to strongly higher. As of 4:45 PM EDT gold futures are trading $10.10 higher which is a net gain of 0.68%, and fixed at $1493.60. Silver and platinum also gained value today, however any price gains were fractional at best with silver gaining 0.15%, and platinum... Read more 10/16/2019
Earnings Reports and Trade Optimism Take Precious Metals Lower
Precious metals, specifically gold, silver and platinum are trading under moderate to strong selling pressure today. The only precious metal to be bucking this trend is palladium which has traded to a new all-time record high above $1700 per ounce. In fact, as of 4:50 PM EDT palladium futures are currently up 0.83% and fixed at $1701 per... Read more 10/15/2019
What’s stopping gold from climbing “substantially higher?”
Gold prices should be targeting as high as $1,650 to $1,700 an ounce by the first quarter of next year, but fundamental events need to be pushing the yellow in the right direction, this according to Gary Wagner, editor of thegoldforecast.com. “A lot of it has to do with fundamental events and the biggest one of course is whether or not... Read more 10/14/2019
The Trade War, It Ain’t Over till the Fat Lady Sings
According to Wikipedia, it ain’t over till (or until) the fat lady sings is a colloquialism which is often uses a proverb. It means that one should not presume to know the outcome of an event which is still in progress. More specifically, the phrase is used when a situation is (or appears to be) nearing its conclusion. On Friday of... Read more 10/14/2019
U.S. and China Reach Agreement for “Phase One” of a Trade Deal
President Trump announced today that the U.S. has come to a “very substantial phase one deal” with China. After 14 formal negotiation sessions, which have lasted over 15 months, today it was announced that the two superpowers have reached a basic agreement regarding parts of the trade disputes. Although a basic agreement has been... Read more 10/11/2019
在牆上飛 - Zài qiáng shàng fēi
As a market technician and analyst, it is days like today that I would really like to be “Zài qiáng shàng fēi”, which is Chinese for “A fly on the wall”. In other words, to be able to hear what is being said, and see what is happening at the highly anticipated trade talks which began today in Washington, and will conclude tomorrow. This... Read more 10/10/2019
Released Fed Minutes Supportive of Higher Gold Prices
The minutes from the September FOMC meeting were released today. They indicated an elevated level of concern by Federal Reserve members not conveyed in either the statement released immediately following the conclusion of the September meeting, or the following press conference held by Chairman Jerome Powell. In fact, according to... Read more 10/09/2019
Quantitative Easing; If It Looks Like a Duck, Swims Like A Duck, and Quacks Like a Duck…
According to Wikipedia, there is a simple test that is a form of a deductive reasoning. This is the usual expression: If It looks like a duck, swims like a duck, and quakes like a duck, then it probably is a duck. The test implies that a person can identify an unknown subject by observing that subject habitual characteristics.... Read more 10/08/2019
Trade Talks; Can A Favorable Outcome Emerge When China Denies Free Technology Allegation
This month is absolutely ripe with upcoming fundamental events that could profoundly shape the financial markets through the remainder of the year. Beginning on Thursday, October 10th and ending on Friday the 11th the Chinese negotiating delegation, including vice premier Lui, will begin a meeting with United States and resume trade... Read more 10/07/2019