price of gold

Where Is Gold Going From Here?

by chris@thetechnicaltraders.com
June 3, 2022June 3, 2022

After briefly reaching highs above $2000, Gold has fallen to $1785 (-14%) following the deep selling in the US major indexes throughout most of April & May 2022. It seems to me, that the underlying factors driving the price of Gold have drastically changed. All it would take for Gold to break into a new trend, up or down, would…

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Waiting For GLD To Make New Highs – Gold Rally Is Still Intact

by chris@thetechnicaltraders.com
April 5, 2022April 5, 2022

The calm of the last 3-weeks has resulted in a risk-on environment. This, in turn, has led to a nice recovery rally in stocks. For the time being, volatility has subsided. However, we believe there are many underlying market risks that can still resurface without any warning. From late 2015 to August 2020, the price of gold doubled, going from…

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