#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!

The Midas Touch Gold Model 03/14/2018

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.

About the Author:

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 writes a bi-weekly in-depth gold and silver analysis for one of Germany´s largest gold and silver retailer the „pro aurum“ group. As well he is publishing a bi-weekly comprehensive gold & bitcoin analysis for his numerous international readers. He is well known for combining technical, fundamental and sentiment analysis into one accurate conclusion about the gold market.

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