Contributor's Links: GoldPredict

AG is the editor-in-chief of the Gold Predict report and creator of the Gold Predict Buy Zone indicators. His members receive frequent reports and timely updates concerning gold and silver as well as the various mining sectors. He is a technician by trade who prides himself on making his ... more

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Gold Cycle: Failed To Regain The $1,300 Level
Gold failed to regain the $1,300 level successfully. Consequently, the odds favor an extended decline into the October 6th – 10th timeframe.
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Metal Sector Fake-Out
It’s been one fake-out after another in the precious metal sector. Investors have been awaiting a major breakout in gold once prices climbed above $1,300. Friday’s rally reached $1,306.90 and promptly reversed, potentially creating a bull trap.
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Metals And Miners Show Signs Of Topping
Metals and Miners showed signs of topping after Friday’s employment report. Weekly dollar prices spiked down to the 200-week MA and reversed. If the dollar finally bottomed, we should see a 4-8 week recovery.
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E Precious Metals And Miners: Further Decline
Precious metals and miners are expected to decline for several more weeks before reaching the 6-Month low.
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E Miners Formed Bullish Engulfing Candles
Miners formed bullish engulfing candles yesterday, and they could be attempting to bounce. Closing above yesterday’s highs will confirm that a short-term rebound has begun.
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Metals And Miners Are Bouncing
Metals and Miners are bouncing as the dollar finishes what appears to be a small inverse head and shoulder bottoming pattern. If our analysis is correct, the rebound in precious metals should end next week.
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Latest Comments
Gold Prices Are Overdue For A Bounce, But Prices Continue To Trade Lower
10 months ago

Gold drops into a major cycle low approximately every 8-years. The last cycle low was in 2008. Prices should bottom in the first quarter of 2017, and a new bull run will begin. The dollar should make a significant top in the first half of 2017.

In this article: GDX, GDXJ, GLD, OIL, SLV, TLT, UUP, XAU
A Strong Rally Tomorrow?
11 months ago

Hi Gary - I agree that the destiny higher is sealed. My cycle work is at a critical turning point, and if prices are going to correct even further, we will know soon. What a fantastic opportunity to invest if they do!

In this article: GDX, GDXJ, GLD, OIL, SLV, SPY, UUP
Miners Are Making An “Outside Reversal”
11 months ago

Hi Aleh,

Precious metals and miners are currently at a fork-in-the-road. The bullish view would have a low form around this level followed by a rally above $26.00, and then to new highs. However, the bearish view maintains a breach of the October lows followed by a 30% decline into January/February. The direction they take likely hinges upon the US Presidential election results. Therefore, I would hold off on investing in miners (GDX is a diversified precious metal mining ETF) until we know what track prices have chosen.

In this article: GDX
The 8-Year Cycle In Precious Metals
11 months ago

Hi Cynthia,

No- I haven't noticed much deviation. Sometimes the cycle arrives before the election but more often than not just after. However, this cycle may have terminated early because of negative interest rates in Japan, Germany, Switzerland, etc. The month of November is key: If gold prices are unable to sustain a move above $1,315, then we risk rolling over and dropping into the standard 8-year post-election timing window.

In this article: GLD
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