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Gold September 25 2021

Gold Price Forecast Update September 25 2021

The gold price reached 94 points down from our initial short entry point on Friday. It’s failure to break through upper trend lines make it less likely that the secondary short entry point will be hit (but not impossible). Those of you who went short in our first short entry zone now have a number of levels where at least you can protect some profits – the dotted green line… Read More »Gold Price Forecast Update September 25 2021

Gold September 16 2021

Gold Forecast Update September 16 2021

Reasonable move down today for gold but no change to our forecast. Those of you have have gone short at our initial short entry point may want to consider stops around 1785 and certainly at your entry position – as if it moves up their it will likely reach the higher short entry zone. The next few days – into early next week – certainly could prove very interesting as… Read More »Gold Forecast Update September 16 2021

Gold September 14 2021

Gold Medium Term Forecast update September 2021

Recent movements in Gold have helped us firm up the highest probability entry points over the next six months. Whilst gold has fallen 50 points against our recent short entry zone, it’s inability to penetrate some key trend lines means there is a good chance it will hit a higher short entry zone in the coming weeks – we’ve moved the timing of the next short entry zone back a… Read More »Gold Medium Term Forecast update September 2021

Gold September 06 2021

Gold Forecast Update September 6 2021

Gold has hit our initial short entry zone during the opening hour of this week. Please bear in mind that we have a secondary short entry zone which could be hit in the next couple of weeks – so entering a new short position should be done with the appropriate care. A good move below the dotted green trend line would give us a higher degree of confidence that a… Read More »Gold Forecast Update September 6 2021

Gold August 30 2021

Gold Forecast Update August 30 2021

Gold has significantly exceeded our trend line so we have cancelled our short entry zone. We are now looking at two possibilities – once again both short entry zones. The nearest zone comes into play within the next week and we believe this is higher than normal risk – so be wary of this if going short. Mid to late September may be a much better risk/ reward proposition as… Read More »Gold Forecast Update August 30 2021

Gold August 8 2021

Gold Update August 8 2021

Gold is ever so slightly out of sync with our forecast which means we should all be concerned. Today it moved a teeny bit above an important trend line but with the markets and platforms are controlled this may mean nothing at all. Time to sit back and keep a close eye on things.

Gold Aug 23 2021

Gold Forecast Update August 23 2021

Gold is getting awfully close to a short term upper resistance trend line and a breach of this would result in a rethink on our next entry point which is due next week. As we always say – timing and level are both important and now is not the “time” to enter a new position. Disclaimer The content on this site including products sold in our store and our posts… Read More »Gold Forecast Update August 23 2021

Gold Aug 17 2021 update

Gold Forecast Update August 17 2021

Gold has popped its head above our minor trend line but nothing has changed. Our short entry zone is still a week away and whilst gold is at the same level – it’s not “at the right time”. It’s important to be patient here as our forecast could be wrong and gold could continue to go higher. Timing is key. Disclaimer The content on this site including products sold in… Read More »Gold Forecast Update August 17 2021

Gold Aug 16 2021

Gold Forecast Update August 16 2021

Gold has moved up as expected so we are now looking for resistance at one of our “red lines”. Timing wise, the best position for us is the red circle -so a small retracement followed by a bounce up to this short zone would make sense and be a good relatively low risk entry point to add to existing short positions. Moves above the thick dotted white line would indicate… Read More »Gold Forecast Update August 16 2021