The Gold Forecast Videos

War of Words Emerges as the Two Presidents Meet at G-20
As the two presidents of the United States and China prepare for their one on one talks at the G-20 meeting later on Saturday in Osaka Japan, it seems both sides have begun to posture their negotiations with a war of words emerging from both camps. Prior to Saturday’s meeting between the leaders of the two superpowers both President... Read more 06/27/2019
Shooting Star Identified as Yesterday’s Daily Candlestick
After reaching a new high for 2019 yesterday gold prices have retreated as traders and investors take profits and await any news from the upcoming G-20 meeting. Gold futures basis the most active August contract traded to a high above $1440 yesterday before trading lower and closing fractionally lower on the day. This was followed by... Read more 06/26/2019
Powell Dampens Current Gold Rally
Gold futures once again have traded to a higher high, higher low and higher close than the previous day. As of 4:30 PM EDT the most active August futures contract is currently fixed at $1426.20, which is a net gain of $8.00 on the day. In fact, gold traded to an intraday high of $1442.90, before giving back some net gains in reaction to... Read more 06/25/2019
Gold Closes Solidly Above $1400
Gold continues the dynamic rally which is been in play for just about a month, with today’s gains of $24.00 taking the precious yellow metal to $1424.10, a net increase of +1.71%. Although dollar weakness provided a tailwind to the rising precious metals prices, the effect of dollar weakness was marginal at best. We can see that both... Read more 06/24/2019
Gold Closes at a Historical Level
Trading to a high of $1415.40 in intraday trading today, gold futures basis the most active August contract not only traded to a new record high for this year, but closed above $1400 per ounce. As of 4:10 PM EDT August futures are currently fixed up $6.00 at $1402.90. That is a net increase of +0.42%. While there are many underlying... Read more 06/21/2019
Gold Within Striking Distance of $1400
If the majority of market analysts are correct, when they proclaimed that investors and traders have been factoring in a series of rate cuts by Federal Reserve, along with rate cuts by other global central banks, then why did gold rise by almost $45 today? Yesterday the Federal Reserve announced that it would keep fed funds rates... Read more 06/20/2019
Bada-Boom, Bada- Bing; Fed Fuels Fire
I cannot think of many organizations or people that can convey a 180° pivot by the use of a single word, except for the Federal Reserve and its chairman, Jerome Powell. When we looked at the CME’s FedWatch tool yesterday it predicted less than a 20% probability that the Federal Reserve would announce and implement a rate cut today. In... Read more 06/19/2019
Gold Closes at a New Record High for 2019
As we look at this year, besides from the rally which began in mid-August 2018 up to the former record high of this year, it is clear to see that that was possibly the only noteworthy and extended rally we have seen since 2017. Last year had an unusual characteristic at the beginning of the year in that it was fighting tooth and claw... Read more 06/18/2019
Gold Corrects Slightly as Traders Await Comments from the Fed on Wednesday
The next couple of weeks will be absolutely critical in terms of statements made by both the Federal Reserve and the presidents of the two superpowers when they meet in Osaka Japan later on this month. As for the latter there are not high expectations that the two presidents can actually solve the complex issues and negotiations... Read more 06/17/2019