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Gold Forecast 2023

Gold Forecast 2023

Back in March 2022 we forecast that a top was in for Gold so lets take a look and see if that top will be maintained in our Gold Forecast 2023. Firstly lets take a quick look back at how gold performed in 2022. Gold peaked at around 2070 on the 8th March 2022 and on the 13th March 2022 we forecast a top was in place. We have placed… Read More »Gold Forecast 2023

Gold forecast March 13 2022

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. 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… Read More »Is a gold top now in place?

Gold February 24 2022

Gold Price Forecast for 2022 – Update February 2022

Our gold price forecast for the first couple of months in 2022 has held up very well. As expected we saw a small retracement – although it was a little shallower followed by a move up to our potential short entry zone. As at the time of writing (11 am GMT) gold has penetrated our short entry zone close to the average time we would have expected this to be… Read More »Gold Price Forecast for 2022 – Update February 2022

Gold Price Forecast for 2022

Gold Price Forecast for 2022

It’s that time of year again where we attempt to forecast the price of gold for the next calendar year. Essentially there is no major change in our view on gold – we think it has a long way to fall and this fall should begin to take shape well before the middle of 2022. However, before then, there could be an imminent opportunity to go long. Support for gold… Read More »Gold Price Forecast for 2022

Gold November 25 2021

Gold finds support – but bounce not convincing

Gold has found support on our trend line but the bounce is not convincing. We are very concerned that gold penetrated our dotted green line with ease. Our previous trade on gold, where we were stopped out, expected one last thrust up near the end of November/ early December. We still believe the timing of this is correct but our view is that the “thrust up” will be a corrective… Read More »Gold finds support – but bounce not convincing

Gold November 22 2021

Gold Price Falls: Gold Outlook November 22 2021

The Gold price has fallen as forecast and has also hit our long entry zone – hard! To get the risk/ reward ratio we are looking for we have to place our stop at 1793 which is also in line with one of our confirmed trend lines. A breach of this will possibly take gold down to 1776. Disclaimer The content on this site including products sold in our store… Read More »Gold Price Falls: Gold Outlook November 22 2021

Gold November 16 2021

Gold Price Outlook November 16 2021

Gold is beginning a small retracement and is hopefully on it way down to our next long entry zone. This is quite a large zone when looking at the limited/ questionable upside. Initially we were hoping for a bounce at just under 1840 but this may be too high. We’d be happier taking a long at around 1815 to 1820 which would allow a sensible stop for a 5 times… Read More »Gold Price Outlook November 16 2021

Gold November 11 2021

Gold Price Forecast – Gold breaks key developing channel

We’ve been modelling a potential channel on gold which leads nicely up to our next entry zone. However this potential channel was broken to the upside yesterday and again today. Whilst this is good news for the target zone it is NOT good news for a potential short entry. This is where the old saying “the trend is your friend” really comes into play and those who want to go… Read More »Gold Price Forecast – Gold breaks key developing channel

Gold November 9 2021

Outlook for Gold November 9 2021

The outlook for gold over the coming weeks is uncertain. It bounced strongly at our “question mark zone” which brings our original short entry point at just over 1900 back into play. The question is, will it get there? Gold is back in the “knot of resistance” zone which it has failed to break several times but this time the consolidation looks better and the timing for one last top… Read More »Outlook for Gold November 9 2021

Gold November 3 2021

Gold Outlook Update November 3 2021

Gold has hit our lower question mark zone “bang on”. We now need to watch the reaction of gold in this zone very carefully. A significant break below means that gold will have broken 2 supporting and intersecting trend lines at a key time – for us that would mean the chance of the medium term top being in place is very high! If gold finds support at current levels… Read More »Gold Outlook Update November 3 2021