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przemyslaw-radomski

More Important Than Gold’s Bottoming Price

January 8, 2018, 5:46 AM Przemysław Radomski , CFA

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Time is more important than price. That’s what we – investors – are often made to believe regarding the future price movement. And rightfully so. Price could reach a bottom several dollars ahead of the predicted price target or it could break through it, leaving investors wondering if there was a breakdown and thus they should expect to see another big downswing shortly. With time, things are clearer. The time for a given move is up and the price reverses. When is gold likely to finally bottom?

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Feb Market Overview

Gold Market Overview

In this edition of the Market Overview, we will examine what the Great Unwind implies for the U.S. dollar and gold. The tightening of monetary policy and higher interest rates could be negative for gold, but more hawkish BoJ and ECB would mean narrower divergence in monetary policies between the Fed and other major central banks.
We will answer the question of why the American currency has been falling like a stone recently, despite the Fed’s tightening cycle. We will also explore the historical bull and bear cycles in both gold and the U.S. dollar, as trend in this currency is likely to be the vital driver in the gold market in 2018.

Read more in the latest Market Overview report.

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