gold trading, silver trading - daily alerts

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February 15, 2013, 9:50 AM

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In 2010, central banks collectively bought 77.3 metric tons of gold. Then, 456.8 (!) tons in year 2011, and 534.6 tons in 2012. These aggressive purchases provided a floor to the price of gold on the long-term, and we believe, they will continue into the year of 2013...

On the short-term, however, gold price swings are prone to momentary emotions prevailing on the market.

Today, we reveal how you can profit on emotions associated with the following:

  • Verification of the reverse head-and-shoulders pattern in Euro
  • Head-and-shoulders pattern in Dollar and an upcoming cyclical turning point
  • Steady rally to higher levels in S&P 500
  • Odds for a breakout of crude oil prices
  • A long-term cycle in gold
  • Important breakdown in silver
  • Platinum’s price above last week’s high
  • Current situation in mining stocks vs. long-term situation in gold and silver

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Jan Market Overview

Gold Market Overview

In this edition of the Market Overview, we will summarize the last year in the gold market from the perspective of its fundamentals. This analysis should help investors better understand the gold market, and draw investment conclusions for the new year. We will also present our gold outlook for 2017, focusing on the impact of the Fed’s rise and Trump’s policies on the price of gold. Given that in the long run the gold trade is generally about the Fed’s actions and confidence in the U.S. economy, the path of interest rates may be the biggest driver in the gold market in the next year.

Read more in the latest Market Overview report.

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