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#020/18 The Midas Touch Gold Model™ – Update 14th of March 2018

The Midas Touch Gold Model™ is in neutral mode since 22nd of February 2018!

There was only one minor change in our Midas Touch Gold Model™ over the last six trading days. As the SPDR Gold Trust holdings ETF “GLD” reported outflows of 0.25t of gold this indicator moved from bullish to neutral. Besides that everything else basically remains the same and the conclusion for the gold market continues to be neutral/sideways.

By Florian Grummes|2018-03-14T00:45:15+01:00March 14th, 2018|Tags: Gold, Midas Touch Gold Model, negative seasonal cycle until june, neutral|0 Comments

About the Author: Florian Grummes

Florian Grummes is an independent financial analyst, advisor, consultant, trader & investor as well as an international speaker with more than 20 years of experience in financial markets. He is specialized in precious metals, cryptocurrencies and technical analysis. He is publishing weekly gold, silver & cryptocurrency analysis for his numerous international readers. He is also running a large telegram Channel and a Crypto Signal Service. Florian is well known for combining technical, fundamental and sentiment analysis into one accurate conclusion about the markets. Since April 2019 he is chief editor of the cashkurs-gold newsletter focusing on gold and silver mining stocks. Besides all that, Florian is a music producer and composer. Since more than 25 years he has been professionally creating, writing & producing more than 300 songs. He is also running his own record label Cryon Music & Art Productions. His artist name is Florzinho.