The Gold Forecast Videos | The Gold Forecast

The Gold Forecast Videos

Lower Equities, Dollar and Optimism on Trade War Resolution Yet Gold Closes Lower
An interesting mix of fundamental news which could be interpreted as bullish for gold and silver, did little to move the precious metals higher today. They did however move both gold and silver off of the intraday lows this morning. As of 4:32 PM EST gold futures basis the February contract is currently trading down $4.10 (- 0.28%) at $... Read more 12/02/2019
China is Certainly Unhappy Regarding Recent U.S. Legislation
Given that it is a holiday weekend with shortened trading hours for gold today, after being closed for Thanksgiving yesterday, the precious yellow metal witnessed a respectable gain on the day. As of 3:20 PM EST gold futures are currently at $1470.40, which is a net gain of $9.60 on the day. That being said the performance overall for... Read more 11/29/2019
Multiple Factors Continue to Pressure Gold Pricing
Three key elements continue to put pressure on gold. First and foremost is the fact that U.S. equities continue to rally and go to new all-time record highs. Second is an optimistic overtone that a U.S. China trade deal may be forthcoming. Lastly the U.S. dollar continues to gain strength. As of 3:45 PM EST gold futures are priced at... Read more 11/27/2019
Dow to new record Highs, as gold recovers off lows
Gold futures recovered after trading to a low last night of $1449.60. As of 4 PM EST the most active December contract is currently fixed at $1462.10, putting it up $5.20 on the day. Silver is also trading higher on the day, currently up 1.12%, which is a net gain of $0.18, and is currently fixed at $17.07. This all-in light of the... Read more 11/26/2019
U.S stocks close at record highs, which helped move gold prices lower
A combination of U.S. equity strength and optimism about the current negotiations between the United States and China have resulted in selling pressure in gold. Gold futures are currently trading at $1455 per ounce, a net decline of $8.60 on the day. Gold traded to a low of $1453.90, and a high of $1462. Volume was lighter than usual as... Read more 11/25/2019
Fibonacci Retracement Identifies Gold Price Bottom – Epilogue
On September 4TH, 2019 gold hit its highest value for the calendar year. From the beginning of May up until the beginning of September gold gained approximately $295 as it moved from $1270 per ounce to $1565 per ounce. It took only four months for gold to gain 5.3% in value. Following this dynamic price advance market forces resulted in... Read more 11/22/2019
Gold Loses Valuable Ground but Last Weeks Low Could Still Hold
After hitting $1565 earlier this year, the precious yellow metal has been in a defined and multi-month correction. Last week our technical studies conveyed a decent probability that we could be at or near the conclusion of the correction. Given that the last major rally took gold pricing approximately $400 higher before settling at $1565... Read more 11/21/2019
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