Skip to content

Gold Forecast August 12th 2021

Gold forecast Aug 12 2021

Gold moved down over 160 points against our “X” marks the spot post and tweet last week. Where will it go next?

It has now recovered to around to around 1755 and is pondering what to do next on our “dotted green line”.

Gold forecast Aug 12 2021
Gold Forecast August 12th 2021

Our calculations still show that gold is firmly going down over the next several months and a major break above the “white dotted line” is required to change this opinion and move gold into an “upwards cycle”.

Look for opportunities to increase shorts on the red line – with the lowest risk position being in the red circle (if it gets there).

Those of you who entered at “X marks the spot” should be sensible enough to be able to control your profits and put stops in the correct place just in case the cycle changes upwards.

If you have benefited from our analysis on this large move on the Gold we would be grateful for any donation you can afford to make. This goes towards payment of the Index Setups website and helps keep most of our high quality market analysis free of charge.

$ 15.00
Personal Info

Donate quickly and securely with Stripe

How it works: A Stripe window will open after you click the Donate Now button where you can securely make your donation. You will then be brought back to this page to view your receipt.

Index Setups

10.00
Please Donate to help keep our analysis FREE

Donation Total: $15.00

Disclaimer

The content on this site including products sold in our store and our posts on Twitter, Facebook, Instagram, Pinterest, Linkedin and any other site or medium are not investment advice. If you wish to trade or invest based on our analysis you should do so with great caution and consult your financial adviser. Remember never to invest or trade more than you can afford to lose.