The Gold Forecast Videos

Gold Attempt’s to Find Footing and Price Support
Considering the recent rally in gold pricing which in essentially began in the middle of November when pricing was about $1200 per ounce, and its recent surge to $1300. This most recent decline can be put in the context of either a simple shallow retracement, or the beginning of a much deeper correction. So the question becomes, was... Read more 01/22/2019
Light Holiday Trading Evident Today
Most major markets are closed today in honor of Martin Luther King Jr. day here in the United States. Both the bond markets as well as U.S stocks are closed today as they observe the holiday. This holiday was enacted into law in 1983 by President Reagan and officially established in 1986. Originally the major exchanges were open for... Read more 01/21/2019
Gold Breaks Below Apex of Compression Triangle
This week’s failure to close above $1300, is most likely signaling a conclusion to the current rally, and the beginning of a correction. The chart below (figure 1) has an area highlighted in yellow, identifying a compressing range which has been the predominant characteristic since the beginning of this year. Figure 1 is a 120-... Read more 01/18/2019
Multiple Factors Could Move Gold Higher
Both gold and silver are trading modestly lower on the day, and platinum and palladium are trading higher. As of 4:20 PM Eastern standard time February gold Comex futures are trading off by $2.70 (-0.21%), and fixed at $1291.10. Silver futures are also trading lower on the day. The most active March contract is currently fixed at $15.55... Read more 01/17/2019
Gold Still Within Striking Distance of $1300
The entire precious metals complex is trading higher on the day. Gold futures are currently up $4.90 (+0,37%), and fixed at $1293.20. After trading to a high today of $1295.40, gold softened a little bit, closing about two dollars off the intraday high, also trading to a low of $1287.60. What is important about this range is even with a... Read more 01/16/2019
Gold Rally Continuation or Conclusion?
Gold continues to trade in a narrow and defined range with dollar strength or weakness defining the majority of the net price change on any given day. As of 5:00 PM Eastern standard time spot gold is currently fixed at $1288.80 after a net decline today of $2.40.According to the KGX, (Kitco gold index) traders have actually bid the... Read more 01/15/2019
Approaching the Apex
Although gold is trading well off of its intraday high, the sun colored metal was able to hold onto fractional gains throughout the trading session. As of 4:30 PM Eastern standard time gold futures, basis the February 2019 Comex contract is trading up by $2.20 (+0.16%) and fixed at $1291.60. These gains are the net result of traders... Read more 01/14/2019
Heiken-Ashi Chart Indicates Potential Reversal of Current Trend
Although gains for this week in gold pricing were fractional, nonetheless it closed above its open on Monday. This creates a green candlestick on a weekly chart, and now for the fourth consecutive week we have seen gold close with weekly gains. The last time this occurred was in mid-November up until the first week of December. This was... Read more 01/11/2019
Dollar Continues to Dominate Gold Price Changes
The daily range in gold continues to compress, after trading to an intraday high of $1300.40, and an intraday low of $1278 on Friday of last week, each trading day this week can be characterized as a compressing range defined by the intraday range from Friday, January 4.Today is no exception as traders were able to push the market to a... Read more 01/10/2019