Tag: gold forecast

Deutsche Bank’s Gold Price Outlook: A Contrarian Indicator?

Deutsche Bank’s Gold Price Outlook: A Contrarian Indicator?

Could it be that these convincing forecasts are a contrarian indicator? Let’s face it, the “consensus trade” is that gold will and must go lower. When everyone is convinced about an asset moving in one direction, usually the opposite happens.

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Gold Price Forecast: Is Gold Moving Towards $817.50?

| March 17, 2015 | Category: Price
Gold Price Forecast: Is Gold Moving Towards $817.50?

The key take-away for now is that traders and investors with a short to mid-term investment horizon should carefully watch the 1151.60 USD price level. It truly is a critical price level. In case gold would stay above 1151.60 on a monthly basis, gold can be traded from the long side. However, if there would be a break below 1151.60 on the monthly chart, then the short trade is the right one until target D is reached.

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Gold Predictions For 2015 Down As Gold Price Rises

| January 15, 2015 | Category: Price
Gold Predictions For 2015 Down As Gold Price Rises

The most important arguments for the bearish predictions are rising interest rates, weaker oil prices, a strong U.S. Dollar. The strong demand out of Asia is expected to put have a limited impact. Meantime, what is the chart telling us? As explained in this gold chart analysis, gold is heading towards $1340 an ounce in the short run.

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Gold Price 2015: Forecasts And Predictions

| December 24, 2014 | Category: Price
Gold Price 2015: Forecasts And Predictions

We provide in this article a comprehensive overview of different forecasts and predictions for the price gold in 2015. We hasten to say that our own stance regarding predictions remains unchanged. We have written several times before that “forecasting isn’t about predicting the market; it’s about marketing the prediction”. We also believe there is a “prediction addiction”. That is why we are not taking specific price predictions too serious. We believe, however, there is value in forecasting. A forecast is not about predicting prices but rather describing a future situation, mostly based on ongoing trends. In this article, we have selected 6 bullish gold forecasts and predictions for gold in 2015, and 9 neutral to bearish stances towards gold in 2015.

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Ronald Stoeferle: Gold Outlook For 2015

| December 23, 2014 | Category: Investing
Ronald Stoeferle: Gold Outlook For 2015

[Sticky post] What gold will do in 2015 is a question that is top of mind of gold investors, particularly during this period of the year. We reached out to gold analyst Ronald-Peter Stoeferle to get his taken on the outlook for gold in 2015. Stoeferle feels that gold is in a long term bottom range. Although the price of the yellow metal could go lower in the short run, it seems unlikely that another price crash similar to the one in the first half of 2013 is about to repeat.

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Gold Price $1400 In 2015 According To Sterne Agee

| October 6, 2014 | Category: Price
Gold Price $1400 In 2015 According To Sterne Agee

Investment bank Sterne Agee expect the gold price in 2015 to average $1,400. For the year after, in 2016, the bank’s analysts believe the gold price will trade at $1,450 on average. Silver should follow gold higher. The analysts expect a silver price of $19 in 2015 and $21 in 2016.

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The Gold Price In 2014: Forecasts And Predictions

| December 30, 2013 | Category: Price
The Gold Price In 2014: Forecasts And Predictions

In his latest editorial, Michael Kosares, founder of USAGold.com, introduces a series of forecasts and predictions to its readers. Not that he seems obsessed with forecasting and predicting, but he provided his readers with a comprehensive overview. He matched his own expectations with one of them, in particular the one from Scotia Mocatta.

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Crash Course In Short Term Gold & Silver Price Forecasting

Crash Course In Short Term Gold & Silver Price Forecasting

Futures are a very decisive factor in the short term price setting. So everyone looking to predict short term gold and silver prices, should really know how to read the futures positions, instead of only relying on what others tell.

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The Truth About Gold Price Predictions & Market Forecasts

| January 28, 2013 | Articles: General
The Truth About Gold Price Predictions & Market Forecasts

The truth about forecasts and predictions is what this article is about. Listening to it can save you (a lot of) money in the future. It appears from a new research that market predictions have only been accurate in 48 percent of the time. So everyone better thinks twice before being influenced by whoever (expert, guru or analyst).

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Gold Cycles: $1,704 Important Gold Price Point

Gold Cycles: $1,704 Important Gold Price Point

This is an exclusive excerpt from The Financial Tap, who offers a FREE 15-day trial with complete access to the entire site. In the mid-week report I stressed my disappointment with how this 1st Gold Daily Cycle did not live up to past expectations.  I also stated that I did not believe that Gold could have formed a Daily Cycle low so soon too.  Based on Friday’s drop back to the $1,708 level, I believe this statement still holds true.  With Day 20 now upon us, Gold is setting up to form a low with yet another re-test of last week’s dip. But I do not expect much more downside beyond this.  As […]

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Jim Sinclair: Gold Is Going To And Through $ 3,500

Jim Sinclair is not only known for his nick name Mr Gold, but also for encouraging people with its down-to-earth but wise words. His fundamental belief for a very long time has been that the price of gold would go much, much higher, not excluding it could reach $ 12,000. During that fantastic journey, two price points would be key pivot points: $ 529 and $ 1764. Both prices would mark the transition to a new phase in the long term gold bull market. What’s remarkable is that Jim Sinclair made these statements and mentioned those price points before the start of the bull market. Up until now, he has had a […]

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Technical Charts For Gold, HUI Index And The US Dollar

Technical Charts For Gold, HUI Index And The US Dollar

Looking at the gold chart below, we can see that gold has been correcting over the last two weeks. When applying some technical analysis to the gold chart, we can clearly see that there would have been overhead resistance at $1800 since most of the year gold has traded between $1550 and $1800. A few weeks ago, we also noticed a big build in the short position on the Comex’s Commitment of Traders report COT by the commercial and bullion banks. The effort to stop gold’s advance at a key resistance level was successful in part because of the huge increase in the short position at that level, which is […]

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What Will the Price of Gold Be in January 2014?

What Will the Price of Gold Be in January 2014?

Jeff Clark from Casey Research has written great articles and here is another one. The charts which show the exploding monetary base are well known in the meanwhile, but Jeff Clark presents  a particular one that shows the correlation between the gold price and the monetary  base. Is there anything more clear than this trendline? Now over the time period that is used in the chart, monetary policies were controlled to such a degree that money markets are leading an artificial life. Obviously that can last for a limited period of time. It’s impossible to continue several years with zero interest rates (negative real rates), exponential money growth in an environment with high real unemployment […]

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Gold Price Forecast: Premium Gold Update

Gold Price Forecast: Premium Gold Update

Here are a few patterns that might explain the current fall in the gold price, as well as, provide the possible way forward. Below is a graphic (all charts are from fxstreet.com) which compares the current pattern on gold (about July 2011 to current) to a 2007 pattern: On both charts, I have suggested how the patterns might be similar, by marking similar points, from 1 to 6. Based on this comparison, it appears that the gold price is searching for that point 6. The bullish expectation is still very much justified. We would need a turnaround very soon though, to continue the mega bullish expectation. If we do not […]

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