Registered CMT, Technical Analyst
Contributor's Links: GoldPredict

AG Thorson is a registered CMT and expert in technical analysis. His regularly scheduled reports are released every Sunday, Tuesday, and Thursday. For more information, please visit GoldPredict.com.

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Are Retail Traders Losing Battle In Silver
Silver is under attack, and prices are back below the $27.00 level. Yesterday’s gap higher was closed, and prices are backtesting the intermediate trendline. What happens next is crucial! 
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Weekend Gold Forecast - Sunday, January 31
An epic battle between institutional and retail investors is unfolding in the shares of GameStop.
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Today's Market Speculation
The speculation in today’s market is incredible. Millennials seem to be the driving force behind these bubbles. They stampede from one hot-stock to the next, looking to get rich.
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Weekend Gold Forecast - Sunday, Jan. 24
Gold remains stuck in consolidation/correction mode, and this can be frustrating to some investors. At times like this, it is crucial to remain focused on the long-term goal. Our primary forecast expects a minimum target of $8500, likely by 2028.
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Weekend Gold Forecast - Sunday, Jan. 17
Much of the stimulus money sent out to Americans has made its way into the stock market. This is creating the divergence we see between “the markets” and the “real economy.”
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Weekend Gold Forecast - Sunday, Jan. 3
I’ve grown bearish over the near-term, given the bullishness in options buying and retail trading. It seems most of the “good news” is already baked into the markets and extreme risk-taking leaves the markets vulnerable to a sharp correction.
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Comments

Latest Comments
Gold Prices Are Overdue For A Bounce, But Prices Continue To Trade Lower
4 years 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?
4 years 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”
4 years 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
4 years 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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