Is a gold top now in place?

Is a gold top now in place? The timing is certainly perfectly in line with our 2022 forecast and the price of gold is right between the lower and upper entry zones which we forecast several months ago.

Gold forecast March 13 2022
Gold Forecast March 13 2021

Last week gold came within 20 points of our higher short entry zone and whilst we do have some concerns that our initial short entry zone was penetrated with ease, timing is supporting that a top may be in and gold may fail to exceed the 2020 high.

If a top is in place for gold this is likely to see gold in a long term down trend with a least the same magnitude as the one from 2011 to 2015 (we remember it well). Things will become clearer within the next 2 weeks but the current short term risk/ long term reward opportunity is looking very interesting.

Please Donate to help keep our analysis FREE

$ 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.