Tag: market analysis

Gold Price Outlook For 2014 And 2015

| September 23, 2014 | Category: Price
Gold Price Outlook For 2014 And 2015

In a recent presentation, Dundee’s Martin Murenbeeld explained the bullish and bearish forces at work in the gold market with some 50 charts. The slideshow is available in this article. On the last slide, Dundee provides price targets. More importantly, however, Murenbeeld looks into the gold price expectations for 2014 and 2015.

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Has The Gold Price Drop Run Its Course?

| September 22, 2014 | Category: Price
Has The Gold Price Drop Run Its Course?

The gold price dropped on Monday September 22nd to USD 1212 and EUR 942. Dollar gold is close to retest its bottom for the third time since mid-2013, a price level which was seen only in the summer of 2010. For readers seeking to understand what is going on, we are providing a comprehensive view on the gold market. We take all perspectives into account: price and chart patterns, the technical picture, sentiment, the fuures market, physical demand, gold miners, the influence of the dollar, correlation with commodities, monetary policy and inflation/deflation. We also compare several indicators with the low price points in April, June and December 2013.

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Gold Investors Weekly Review – September 19th

Gold Investors Weekly Review – September 19th

In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,216.98 down $12.76 per ounce (-1.04%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, fell 5.44%. The U.S. Trade-Weighted Dollar Index rose 0.63% for the week.

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Elliott Wave Projection For Gold Price And US Dollar

| September 18, 2014 | Category: Technicals
Elliott Wave Projection For Gold Price And US Dollar

In this excellent market analysis, Trader MC points out that the current gold price, between $1192 and $1240, is trading at key levels. Patterns change with the psychology of the market and it is important to adjust in real time. He concludes that “the gold market structure should reveal itself very soon, we just have to be patient and let the market come to us.”

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Rate Bounce After Fed Meeting Pushes Dollar Higher and Gold Price Lower

| September 17, 2014 | Category: Price
Rate Bounce After Fed Meeting Pushes Dollar Higher and Gold Price Lower

Although today’s Fed announcement didn’t really change anything, the financial markets continued to anticipate higher U.S. rates. The first chart shows the 5-Year Treasury Note Yield climbing close to its yearly high. The 10-Year T-Note yield also bounced. The widening spread between U.S. and foreign yields continues to support the dollar. The second chart shows the Dollar Index hitting a new recovery high. That pushed most commodity prices lower. The orange bars in the second chart shows the Gold Trust falling to a new low.

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What Is Next For The Price Of Silver: Collapse or Rally?

| September 17, 2014 | Category: Price
What Is Next For The Price Of Silver: Collapse or Rally?

Monthly Prices: Silver is “over-sold” based on the charts, the TDI oscillator, and many other oscillators. Expect silver prices to rise. The gold to silver ratio is high which indicates relatively inexpensive silver prices and higher silver prices ahead. Weekly Prices: Same as monthly prices – “over-sold” and ready to rally. Daily Prices: They are also “over-sold” but pretty much controlled by the High Frequency Trading algorithms and the temporary needs of the “powers-that-be.”

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Why Money Is Worse Than Debt

Why Money Is Worse Than Debt

Governments and Central Banks (which are like economic Siamese twins) not only print Fiat Money but on top they make the cost to print more money, issue new debt and serve past debt ridiculously low….In reality, Real Interest rates (nominal interest rate less real inflation rate) or the cost to issue more fiat money has even become negative. Propaganda must be extremely solid to keep such a mirage alive and absolute no accident may happen.

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Current Gold and Silver Bear Markets Into A Longer Term Perspective

| September 15, 2014 | Category: Investing
Current Gold and Silver Bear Markets Into A Longer Term Perspective

While the weekly and monthly charts are negative, Gold and Silver can be viewed from an ever larger historical perspective. Keep in mind, many a trader has gone broke with the correct longest-term historical perspectives. Historical perspectives are good for understanding, but not for timing investing and trading. I actually believe in the long-term prospects for Gold. I think prudent people should be accumulating physical Gold during this bear market and sticking it in their safety-deposit boxes. As for Silver … no interest.

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Events Impacting The Gold And Silver Price In The Week Of September 15th

| September 15, 2014 | Category: Price
Events Impacting The Gold And Silver Price In The Week Of September 15th

For the week commencing September 15th, there are some key economic data and the US Fed announcement that could impact ALL markets, including precious metals. A key event this week is undoubtedly the Scottish Referendum on Independence, which will take place on Thursday September 18th. In case the majority of the Scottish people will vote for their independence, it could heavily impact the euro and European stocks, and lift euro gold.

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Rates Are Rising, Supporting The Dollar But Bad For Gold

| September 13, 2014 | Category: Price
Rates Are Rising, Supporting The Dollar But Bad For Gold

I recently explained that a rising dollar is bearish for gold (and most commodities). So are rising rates. The chart shows a very strong inverse correlation between the price of gold and the 2-year Treasury yield. As a rule, falling rates are good for gold. The bottom in the two-year yield in late 2011 coincided exactly with a peak in gold (see circles). The rise in short-term rates since then has corresponded with falling gold prices. Rising rates should continue to weigh on the precious metal.

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Gold Investors Weekly Review – September 12th

| September 13, 2014 | Category: Investing
Gold Investors Weekly Review – September 12th

In his weekly market review, Frank Holmes of the USFunds.com nicely summarizes for gold investors this week’s strengths, weaknesses, opportunities and threats in the gold market. Gold closed the week at $1,229.70 down $39.22 per ounce (-3.09%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, fell 4.21%. The U.S. Trade-Weighted Dollar Index rose 0.57% for the week.

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Rising Dollar Weighing On Gold And Silver Price, But Short Term Reversal Possible

Rising Dollar Weighing On Gold And Silver Price, But Short Term Reversal Possible

A strong Dollar is also weighing on gold because the Gold SPDR is down around 6% from its early July high. Gold may be short-term oversold and the Dollar may be short-term overbought, but the trends are clear. The chart shows GLD within a falling channel the last two months. The lower trend line extends to the 120 area later this month. The upper trend line and a small buffer mark key resistance in the 125-125.5 area.

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Long Cycles And Trend Changes: Gold Price, Dollar, S&P500

| September 4, 2014 | Category: Price
Long Cycles And Trend Changes: Gold Price, Dollar, S&P500

Several markets seem over-extended and about to reverse their current trends. It is certainly time to consider that the S&P is quite high and ready to reverse its five plus year uptrend, and that gold is too low and set to reverse its three year downtrend.

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Events Impacting The Gold And Silver Price In The Week Of September 1st

| September 1, 2014 | Category: Price
Events Impacting The Gold And Silver Price In The Week Of September 1st

Although the primary focus of this website is to report on the different aspects of the gold market (gold fundamentals as well as economic or monetary analysis), we also tend to release basic technical analysis in gold and silver. In this article, we summarize the key events of the running week that could have an impact on the price of gold and silver price because of trading in COMEX futures.

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