AG Thorson
Technical Analysis Expert & Editor @ GoldPredict.com
AG Thorson is a registered CMT through the MTA and an recognized expert in technical analysis of the precious metals markets. He is also the Editor of GoldPredict.com where members receive daily updates and regularly scheduled reports 3-days a week. He prides himself on making his analysis easy to understand through the use of adaptive and creative charting methods. You can reach AG at [email protected].
AG Thorson Articles
With U.S. markets closed on Monday, January 20th, for Martin Luther King Jr. Day and Trump's inauguration, traders are positioning themselves ahead of the long weekend. Gold is experiencing a rally as investors hedge against potential...
Metals and miners saw a significant rally on Thursday, signaling the possibility of a cycle low. A strong close to the week would further support a bullish outlook.
Gold tested crucial resistance around $2,760 and then reversed sharply. Unless there’s a rapid shift, this likely signals the end of the current rebound. Silver stalled above $33.00 on Thursday, and the likelihood now leans towards a...
Gold reached its peak in October and is now undergoing an intermediate decline, which could see prices drop toward $2,450 in December. The recent rebound in gold was anticipated, but it may be nearing its end. Prices are approaching key...
Last week, I wrote Gold Could Collapse or Challenge $3000 in November. This week's election results support the former, and the odds now favor a pullback in gold to its 200-day MA (currently $2,400).
Gold formed a swing high after reaching our $2,800 target, and a pullback is overdue. Given the election outcome and next week's Fed announcement, prices could go either way in November. If gold corrects, the initial drop could be sharp,...
Gold is nearing our $2,800 target, with the potential for further gains into year-end. Historically, during the last two Fed rate-cutting cycles, gold surged approximately 40% following the initial cut. If this pattern holds, gold could...
Gold is climbing steadily and could hit $2,800 before the elections. Silver is on the verge of a significant breakout that may drive prices toward $38.00. Trump is ahead in key swing states, specifically Pennsylvania, which Elon Musk has...
The ECB cut rates by .25% Thursday, trimming growth expectations for 2024 and beyond. Gold futures exploded through resistance near $2,560, confirming a breakout with a medium-term price target near $2,800.
The gold cycle bottomed in our June target window and the breakout towards $2800 is underway. Our analysis supports a seasonal peak by September, followed by a potentially sharp retracement into year-end.
