Gold - Fulminant rally on the way to reach the all-time high Since the annual high at USD 2,067 on May 4th, gold prices had fallen for five months reaching a final low at USD 1,810 on October 6th (-12.4%). [...]
Gold - Turning point within reach Over nine weeks have passed since the last peak in gold. During this time, gold prices have fallen by 8.4%, from USD 2,067 down to USD 1,893. While the initial wave of this correction [...]
Gold - Consolidation before the next wave down Since reaching a high of USD 2,067 on May 3rd, the bears have taken control of the gold market. In an initial wave down lasting about three and a half weeks, they [...]
Gold - The market wants to see 2,000 USD Following the spectacular collapse of Silicon Valley Bank and the dramatic ongoing rescue of Credit Suisse, the financial crisis has returned with full force. Within 24 hours, investors had attempted to [...]
Gold - 2,000 US-Dollar, only a matter of time Gold so far has seen a very good start into the new year. Driven by an extremely tense geopolitical situation (Cold War 2.0) as well as a weaker US-Dollar and the [...]
The big boys are playing Yoyo In our last gold chartbook from March 19th, 2021, we assumed that gold had likely started its typical correction in spring. At the same time we figured, that the first leg down from US$2,070 [...]
Potential recovery to approx. US$2,000 Driven by the dramatic geopolitical escalation in Ukraine as well as the tough and unprecedented sanctions against Russia, which resulted in exploding oil and commodity prices, the gold market experienced a sharp spike followed by [...]
Spring correction or further escalation? When Gold started to break out of its multi-month triangle in early February, we figured that US$1,975 would be a realistic target. We also stated that a short-lived overshot towards US$2,000 would be a possibility. Little [...]
Strong reversal should lead to another leg up We have been bullish on gold since mid of December. Back then it was primarily the oversold setup coupled with a beaten down sentiment and a positive seasonal pattern, which led us [...]
Bullish momentum remains strong Over the last seven months, gold has once again done everything to disguise its true intentions. In hindsight, the flash crash in August with a low at US$1,678 actually marked the start of a multi month uptrend. [...]
