January 12, 2025
Trend : Short-term = Neutral; Long-term = Bullish
- Since hitting a new high in late October, gold has been backing & filling
- Recently gold has formed a wedge pattern
- With a wedge pattern, the upper & lower rungs slowly converge & ultimately gold breaks to the upside or the downside
- It is testing its upper rung right now & if it can break through to the upside, we could get a nice rally
- But that is not yet confirmed
- 2760 is near-term resistance while 2550 would be a key support level
- A big factor will be the $US
- Gold has held up very well as the $US has had this massive rally over the past 4 months
- With Trump wanting a weaker $US, if the dollar rolls over, gold should have significant rally
- Looking for gold to hit 3000 in 2025
Let’s keep our eyes on the next 2 weeks, they could be telling
In today’s volatile financial landscape, understanding the interconnectedness of global markets is crucial for successful investing. The Trend Letter’s Gold Report offers in-depth analysis and actionable insights into the gold market, helping you navigate economic uncertainties and capitalize on emerging opportunities.
Why Subscribe to the Trend Letter?
- Expert Analysis: Benefit from our team’s extensive experience and proprietary forecasting models, which have accurately predicted major economic trends since 2002.
- Timely Updates: Receive weekly updates with precise BUY & SELL signals, along with special Flash Reports to keep you ahead of market movements.
- Comprehensive Coverage: Gain insights into how currencies, bonds, precious metals, and equities interact, enabling you to make informed investment decisions.
- Proven Track Record: Join a community of investors who have leveraged our insights to protect and grow their wealth, even during market downturns.
What You’ll Get:
- Weekly Gold Market Analysis: Stay informed about short-term and long-term trends, resistance and support levels, and factors influencing gold prices.
- Strategic Investment Guidance: Learn how to position your portfolio to benefit from anticipated movements in the gold market.
- Special Reports: Access in-depth reports on critical economic issues, such as the Global Sovereign Debt Crisis, and their impact on gold and other markets.
Don’t Miss Out on This Opportunity to Enhance Your Investment Strategy.
Subscribe to the Trend Letter today and equip yourself with the knowledge and tools to navigate the complexities of the gold market and broader economic environment.
Get all the information
Every morning we issue our free Headlines newsletter, & once or twice a week we post a Market Update to help investors stay ahead of the herd. The Trend Letter is a contrarian investment newsletter, so most of our articles are based on topics that you are unlikely to see in the mainstream media.
If you would like to receive our free Headlines, & Market Updates, fill in the form below.
Stay tuned!