Gold – Summer doldrums for several weeks would be ideal Gold had a strong start into the year but has corrected significantly since early March. Many gold bugs feel disappointed by gold basically going nowhere over the last two years. But [...]
Gold - First signs of stabilization The last five months have been quite a rollercoaster in the gold market. First gold managed to stage an impressive rally from US$1,750 up to US$2,070. Then it came all the way back down [...]
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. [...]
Gold is breaking out! As expected in our gold chart-book from February 3rd, 2022, gold prices have been climbing higher over the last week. Until Friday noon prices had been reaching a high of US$1,842 already, just shy below the [...]
Gold - Recovery ahead The gold market is nearing the end of a difficult and very challenging year. Most precious metal investors must have been severely disappointed. Gold - Recovery ahead. Review 2021 started quite bullish, as the gold price [...]
Gold - Has the summer rally already begun? After the sharp drop in the first half of June and a tenacious sideways bottoming out, the gold price recovered to US$1,834 and thus reached its 200-day moving average (US$ 1,827) again. Gold [...]
