surfer44
1 hour ago
New Chinese Policy Opens the Door for Insurers to Invest in Gold
February 11, 2025
A groundbreaking pilot program in China now allows 10 major insurance companies—including PICC Property & Casualty and China Life Insurance—to allocate up to 1% of their assets to gold bullion. This policy, effective last Friday, translates into a potential investment pool of nearly 200 billion yuan (approximately $27.4 billion), according to Minsheng Securities. The move signals a significant shift in how international insurers might diversify their portfolios amid a slowing property market and broader economic downturn.
The program marks the first instance where Chinese insurers are explicitly permitted to invest in a commodity like gold. Historically constrained to assets that deliver stable cash flows, these firms now have a new tool for smoothing out income fluctuations and mitigating risk. One analyst from Guotai Junan Securities, Liu Xinqi, noted that even though bullion typically does not offer the steady yields insurers have traditionally sought, its role in reducing overall portfolio volatility is invaluable—especially when political uncertainty increases.
With heavyweights such as Taibao Finance, Xinhua Life, and others leading the pilot, the market influence of insurance capital investing in gold could grow considerably as the program expands. The near-200 billion yuan scale may exert noticeable pressure on gold’s supply and demand dynamics, potentially sustaining the metal’s rally even further. Given the current high levels of both physical and futures gold prices, insurers will need to carefully manage price fluctuations through diligent trend analysis and appropriate hedging strategies.
Gold has been one of the standout performers in 2024 and into 2025, setting successive price records and topping $2900 this week. Its recent rally has been buoyed by a combination of factors, including the US Federal Reserve’s interest rate cuts and substantial central bank buying. With the Trump administration rumored to levy new tariffs on steel and aluminum this week and abnormally high deliveries in the futures market, it’s likely other institutions will join Chinese insurers in turning to gold for economic stability.
DiscoverGold
8 hours ago
Gold Record Highs, but Weak Close Looms
By: Bruce Powers | February 11, 2025
• Gold surged to $2,943, hitting record highs before facing resistance. A weak closing price increases the chances that a bearish reversal may follow, with $2,882 as key near-term support.
Gold continued its advance on Tuesday to a new record high of $2,943. Resistance was subsequently seen, leading to an intraday pullback that put gold in a position to close weak. At the time of this writing, gold continues to trade in the lower half of the day’s trading range and negative for the day. If it ends the day in a similar position, it may complete a bearish shooting star candlestick pattern.
It shows buyers in control earlier in the session as gold spiked to new record highs, but since then the sellers have been in control. If they remain in control at the end of the day, further weakness may be forthcoming. As of today’s high, gold had advanced by $406 or 16% from the November swing low at $2,537, and it was up by $360 or 14% from the December swing low at $2,582.
Bearish Shooting Star on Horizon
Assuming the day ends with a shooting star pattern, then a drop below today’s low of $2,882 provides a bearish signal that could lead to lower prices. But the one-day potential shooting star reversal pattern is only one part of the analysis. The other part looks at the potential significance of the day’s high price. There were two indicators pointing to the $2,947 price zone as potential resistance.
Although there wasn’t an exact hit, it was close enough given the bearish reaction. Both a long-term and short-term measurement pointed to the target. One, is the 161.8% Fibonacci extension of the most recent bearish correction that began from the peak at $2,790. The other is an extended ABCD pattern that begins from the October 2023 lows. Further, notice that the relative strength index (RSI) momentum oscillator reached overbought, and it has matched the high reading seen in September 2024.
Top of Channel Remains an Upside Target
Even though there might be a pullback following today’s high, gold retains the potential to continue higher. Take the rising parallel trend channel with the lower rising trendline touching the February 2024 swing low and the top line touching the October 2024 swing high.
The top of the channel has not yet been hit. On the way there are a couple of other targets. The first is at $2,961 and the second at $2,982. Otherwise, a drop below today’s low shows weakness, followed by potential support at Monday’s low of $2,853. However, a decline below Monday’s low puts gold back below a trendline, which will signal lower prices.
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NYBob
14 hours ago
Alert: The System Just Broke! 3000 Gold! Trump Says "Hell Will Break Loose"
https://rumble.com/v6jfsl7-alert-the-system-just-broke-3000-gold-trump-says-hell-will-break-loose.html?e9s=src_v1_ucp
Trump About to Hit Canada with Category 5 Hurricane – You Won’t See it Coming, Warn Insiders
ITM TRADING, INC.
316K subscribers
https://www.youtube.com/watch?v=wzZKUKFkWWM
WOULD YOU SELL CANADA FOR $550,000? 🤯💰
That’s what every single Canadian would get if the U.S. purchased Canada.
Family of 4 RECEIVE=$2.2M
Plus:
🇺🇸 Lower taxes
🇺🇸 Military Might
🇺🇸 Massive economy
🇺🇸 No more Trudeau
https://x.com/MarcNixon24/status/1888662256289980894
GOLD XAU/USD Price Forecast Today, Technical Analysis (February 10): Gold Continues to Break Even Higher
FXEmpire
114K subscribers
Feb 10, 2025
The gold market has eclipsed the psychologically important $2900 level on Monday in the early hours of trading.
At this point, it remains “buy on the dips.”
https://www.youtube.com/watch?v=eNcVseUFadM
XAU/USD Price Forecast Today, Technical Analysis (February 07): Gold Hits New Record but Reverses
FXEmpire
114K subscribe
https://www.youtube.com/watch?v=zgqTU-9Dv60
On Track to 450K Oz Gold @ $2800 Market: The Ultimate Growth Story | Oliver Dachsel - $Aris Mining
The Deep Dive
32.5K subscribers
https://www.youtube.com/watch?v=I42eKeWeHeU
General Flynn > We Defeated A Coup Attempt Now The People Want Accountability ❤️
https://rumble.com/v6fseej-general-flynn-we-defeated-a-coup-attempt-now-the-people-want-accountability.html?e9s=src_v1_ucp
$1M GOLD NOT FIAT Bitcoin in 2025? | Trump's Plan to End the Fed Revealed!
I think we are certainly getting near that collapse the way that currencies are going down
and debt is going up and the way that GOLD is reflecting that.
https://rumble.com/v6feblj-1m-bitcoin-in-2025-trumps-plan-to-end-the-fed-revealed.html?e9s=src_v1_e
The System of Money | Inside the Financial Machine | Understanding the Matrix
Moconomy
1.13M subscribers
https://www.youtube.com/watch?v=EVp5Q8_Ydm4
10,000/oz Silver if Mr. TRUMP Drains the "Silver Swamp!"? ♥️
$Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a mineral exploration and production company
($PGDC : TSXV) / ($HGLD : USOTC)
The Company’s activities include the exploration and production of minerals from properties in Argentina and Chile.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175652433
WATCH "Trump’s Bold Move: The END of Silver Price Manipulation? Gold & Silver Market Shock 2025!"
Silver & Gold
618 subscribers
https://www.youtube.com/watch?v=REkbFA7HRI4
GOD BLESS
DiscoverGold
15 hours ago
Gold Run! Manic Metals Report
By: Phil Flynn | February 11, 2025
Another record high on gold is a run on the bank continues the demand for physical gold has shaken up the global markets even in the UK there are people lined up to get their hands on the yellow metal talk of tariffs and concerns about looking for alternative investments and keeps the pressure on the upside and gold and while we may pull back a little bit we still are targeting $3000 an ounce.
Yet Citi Bank is going higher. Bullion Bank Leads Team $3,000+ Citi Says More Upside is Coming!
Zero Hedge reported that “old Makes New ATH as CITI Raises Price Target to $3300 (seriously) “Using our quarterly price changes model, we see gold prices rising to well over $3,300/oz, though we view this is a bull case given the potential for jewelry and scrap over the next 12 months. We take a more conservative base case… which suggests gold increases to $2,900-3,000/oz over the next 6-12 months”
CITI’s new gold report published February 6th makes a straightforward case: Gold’s rally is being driven by physical demand, not speculation. The bank has hinted at this before in August 2024. It was also about this time other major Bullion Banks unveiled their own new physical demand-skewed models for valuing Gold. In this way, Citi, BOA, and Goldman have been ahead of the curve in sharing their methodology with investing clients. This change in risk metrics was significant as it acknowledged China/BRICS demand and set the table for price-target upgrades regardless of what the Dollar or interest rates did. And that is exactly what we got. Gold and Silver rose dissuaded either by Dollar strength nor higher rates since those reports in August. As of two days ago, with Citi (and UBS) raising their targets, every major bullion bank has raised its price target to $3,000 now. Both BOA and Citi have increased their targets. With this latest analysis, Citi has joined the short-term $3,000 target club and provides a detailed rationale for the potential of even higher prices.
Bottom Line: central banks are buying at record levels, investment demand is absorbing nearly all new supplies, and concerns over de-dollarization are keeping gold in focus. The report outlines why these trends are likely to continue while also highlighting potential risks from trade policy, interest rates, and economic shifts.
Today the gold market seems to be pulling back ahead of a speech from Federal Reserve Chairman Jerome Powell the market seems to think that Jerome Powell is going to take away the chances of an interest rate cut anytime soon that’s driving up to dollar and causing gold traders to take some profits if Jerome Powell comes off a little bit dovish this might be the great opportunity to buy into gold before it hits that targeted $3000 an ounce worth $3300 . Goldman Sachs predicts that gold prices will reach $3,000 per troy ounce in mid-2026. This is due to increased demand from central banks and concerns about inflation and geopolitical issues.
Artificial intelligence is expected to increase electricity demand, leading to higher copper demand. China faces a copper deficit but seeks solutions to meet this growing need.
Today it’s being reported that China is actively increasing its international investment in the copper industry, primarily by funding mining projects in countries like Zambia and the Democratic Republic of Congo, aiming to secure a significant portion of the global copper supply through overseas investments, particularly in Africa, to meet its growing domestic demand for the metal crucial for its infrastructure and energy transition initiatives.
Aluminum and steel tariffs by the Trump administration has given back to our support to metals as wel. WE will see how Powells comments impacts these metals. WE are ll going to buy the break mode on all industrial metals.
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NYBob
1 day ago
GOLD XAU/USD Price Forecast Today, Technical Analysis (February 10): Gold Continues to Break Even Higher
FXEmpire
114K subscribers
Feb 10, 2025
The gold market has eclipsed the psychologically important $2900 level on Monday in the early hours of trading.
At this point, it remains “buy on the dips.”
https://www.youtube.com/watch?v=eNcVseUFadM
XAU/USD Price Forecast Today, Technical Analysis (February 07): Gold Hits New Record but Reverses
FXEmpire
114K subscribe
https://www.youtube.com/watch?v=zgqTU-9Dv60
On Track to 450K Oz Gold @ $2800 Market: The Ultimate Growth Story | Oliver Dachsel - $Aris Mining
The Deep Dive
32.5K subscribers
https://www.youtube.com/watch?v=I42eKeWeHeU
General Flynn > We Defeated A Coup Attempt Now The People Want Accountability ❤️
https://rumble.com/v6fseej-general-flynn-we-defeated-a-coup-attempt-now-the-people-want-accountability.html?e9s=src_v1_ucp
$1M GOLD NOT FIAT Bitcoin in 2025? | Trump's Plan to End the Fed Revealed!
I think we are certainly getting near that collapse the way that currencies are going down
and debt is going up and the way that GOLD is reflecting that.
https://rumble.com/v6feblj-1m-bitcoin-in-2025-trumps-plan-to-end-the-fed-revealed.html?e9s=src_v1_e
The System of Money | Inside the Financial Machine | Understanding the Matrix
Moconomy
1.13M subscribers
https://www.youtube.com/watch?v=EVp5Q8_Ydm4
10,000/oz Silver if Mr. TRUMP Drains the "Silver Swamp!"? ♥️
$Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a mineral exploration and production company
($PGDC : TSXV) / ($HGLD : USOTC)
The Company’s activities include the exploration and production of minerals from properties in Argentina and Chile.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175652433
WATCH "Trump’s Bold Move: The END of Silver Price Manipulation? Gold & Silver Market Shock 2025!"
Silver & Gold
618 subscribers
https://www.youtube.com/watch?v=REkbFA7HRI4
GOD BLESS
DiscoverGold
2 days ago
Precious Metals Sector update - Spectacular Advance Soon - here's why...
By: Clive Maund | February 9, 2025
The purpose of this Precious Metals sector update is to make two points clear in as short order as possible. The first is to explain why gold’s current powerful uptrend, that began less than a year ago, has much further to run. The second is to demonstrate that silver’s corresponding powerful uptrend has barely begun yet and that therefore silver and silver investments are outstandingly attractive now with almost everything to go for and also to point out that the related imminent powerful uptrend in Precious Metals stocks has not even started yet, but is about to.
With regards to the first point, consider the following long-term arithmetic gold chart going back to the start of this millenium, i.e. to the start of the year 2000. It looks like gold has risen quite a lot over the past year, doesn’t it?...
Now look at a chart for the same time period on a log scale – see the difference? Compared to the Great 2000’s bull market in proportional terms, i.e. in percentage terms, gold has hardly risen at all over the past year. This means that this major uptrend is still in its early stages and has much, much further to go, hardly surprising considering that under a year ago it broke out of a massive 12-year long consolidation pattern and it’s even less surprising when you also consider that with currencies collapsing due to Central Bank profligacy, we are headed in the direction of hyperinflation, which of course also means that the uptrend could accelerate dramatically to the upside.
Now to the second point. We see on gold’s 6-year chart that, having broken out of the massive 12-year Cup & Handle consolidation pattern under a year ago, gold is now forging ahead within a powerful uptrend and we also see that it found support at the lower rail of this channel at the end of last year which launched it into the current upleg.
But what about silver? While gold has been romping ahead over the past year, silver has been “dragging its feet” and has scarcely gotten above its 2020 and 2021 highs, as we can see on its latest 6-year chart below. However, this is not a cause for concern for silver investors because, as we can see on the chart, it has just poked its nose out of the top of a big bullish Bowl pattern that has built out since mid-2020 that promises to slingshot silver initially to resistance at its 2011 highs at $50 and in any case it is perfectly normal for gold to take the lead during the early stages of a sector advance. We should also be cognizant of the fact that the sideways pattern that has formed in silver over the past 8 months or so with it perched just above the boundary of the Bowl may constitute the “Handle” of a big Cup & Handle consolidation pattern that has formed since mid-2020.
As for Precious Metals stocks we know that they have been seriously underperforming gold for the past year, but again, we see on the 6-year chart for GDX that it is in the latest stages of a big Cup & Handle consolidation pattern that is remarkably similar to the one that has formed in silver over the same period, but in the case of GDX it has yet to break out of it. The importance of this cannot be overstated – it means that with regards to Precious Metals stocks there is everything to go for once GDX breaks out the top of this big Bowl pattern it can be expected to slingshot higher resulting in spectacular gains in many PM stocks, especially in large and mid-cap stock in the early stages in the early stages of the runup.
What about the argument and the fear that the stock market is going to crash and take down the PM sector with it? This is an argument that keeps replaying like one of those old 78 rpm records that is set to replay endlessly. It doesn’t look like it’s going to happen. Here’s why – roughly 90% of the stock market is now owned by the wealthiest 1 to 2% of the population who have the most political power and ability to exert influence. The system is therefore organized to protect their interests and the way it works is that the Fed creates new money in ever increasing amounts to backstop the increasingly fragile debt market to stop it imploding and in this manner protect the stock market. The new money eventually feeds through into higher inflation so that the middle and lower classes end up footing the bill for it all. This is why we are headed for hyperinflation, because perpetuation of the current system best serves the interests of the ruling class for as long as possible.
Read Full Story »»»
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surfer44
2 days ago
Trump Orders Treasury Secretary to Stop Minting Pennies
President Trump said that the coins cost more to produce than their face value.
President Trump said the United States had been minting new pennies for “far too long.
By Yan Zhuang and Erica L. Green
Feb. 9, 2025
President Trump said on Sunday night that he had ordered the Treasury secretary to stop producing new pennies, a move that he said would help reduce unnecessary government spending.
“Let’s rip the waste out of our great nations budget, even if it’s a penny at a time,” he said in a post on Truth Social. He characterized the production of pennies, which “literally cost us more than 2 cents” each, as wasteful.
Yan Zhuang is a Times reporter in Seoul who covers breaking news.
Erica L. Green is a White House correspondent, covering President Trump and his administration.
DiscoverGold
2 days ago
Gold’s Unstoppable Surge
By: Ayesha Tariq | February 9, 2025
Uncertainty continues to cast a shadow, but not over Gold. The bull run in the precious metal seems set to continue in 2025, not just because of policy uncertainty but fundamental demand as well.
As the World Gold Council’s latest report indicates:
Annual investment surged 25% to a four-year high of 1,180t, driven in part by stable gold ETF holdings after three years of heavy outflows. Central banks remained aggressive buyers, surpassing 1,000t for the third consecutive year.
Central Banks are set to continue their buying sprees, with China taking the lead. Even at these high prices, China bought about 160k ounces of gold in January 2025, according to official sources.
Nevertheless, China is still far behind the US, and many other countries as the chart above shows. Recent news also suggests that China is now encouraging other sectors to invest in gold. A pilot program is underway for insurance companies to add gold to their portfolios for asset-liability management.
So it’s unlikely that their buying spree stops here. And quite likely, all of these gold purchases are coming at the cost of investing in US Treasuries, which could mean yields for the US. But that’s a discussion for another day.
Most analysts, including ourselves, have a target price of $3000/oz. When these targets were floated last year, it seemed far-fetched. But in the past year, gold prices have increased just over 40% with almost a quarter of that seen just this year.
Read Full Story »»»
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surfer44
3 days ago
Scott Bessent's hedge fund has seen up-and-down returns
Provided by Dow Jones Nov 25, 2024 3:39am
By Louis Goss
Assets under management have dropped after initial George Soros funding, report says
Scott Bessent's hedge fund Key Square Group is currently on track to post double-digit gains in 2024 following a successful bet on Donald Trump's victory in the U.S. elections, according to a report, but in other years his fund has struggled.
Key Square had previously posted a series of losses since being founded in 2015 that have seen investors pull billions out of the macro hedge fund that received an initial $2 billion in backing from Bessent's former boss George Soros.
Now, with Bessent nominated to become the new America's Treasury secretary under President Donald Trump, Key Square is also on course to post double-digit gains this year having made successful bets on U.S. equities and an increase in the value of the dollar, according to Reuters.
For comparison, the S&P 500 SPX index is up by 26% in 2024 so far, on the back of a major surge in the value of the 'Magnificent Seven' mega-cap technology stocks over the previous year.
Hedge funds are, on average, up 7.52% in the year-to-date, according to November figures from data provider Hedge Fund Research. Macro funds are up just 2.81% in the year-to-date ending on Nov. 15, the figures from Hedge Fund Research show.
Bessent first started Key Square in late 2015, via one of the largest fundraisings in the history of hedge funds that saw the macro fund take in around $4.5 billion from investors.
Since then, Key Square has experienced a sharp drop in its assets under management to just over $800 million in the first quarter of 2023, according to analysis of public filings by AUM 13f.
The macro hedge fund has achieved inconsistent returns since being started almost a decade ago that have seen it post a series of significant losses, including in 2017, 2018, and 2021, according to disclosure from the New York City Police Pensions Fund.
Key Square, nonetheless, made strong gains in its first full-year of trading, in 2016, on the back of a winning bet on a drop in the value of Britain's sterling caused by a vote in favor of the U.K.'s exit from the European Union, according to a source speaking to Reuters.
Bessent's played a key role in helping his former employer, Soros Fund Management, bet against the U.K.'s pound on 'Black Wednesday' in 1992, prior to his joining the firm.
Soros pulled his investments out of Key Square in 2018, according to Reuters. Major investors including Australia's Future Fund, Morgan Stanley Alternative Investment Partners, and the New York City Police and Fire pension funds, have also withdrawn their investments, the report said.
Bessent, who was born and raised in South Carolina, was revealed as Donald Trump's pick to become the U.S.'s new Treasury secretary on Friday.
Key Square Group was contacted by MarketWatch for comment.
-Louis Goss
DiscoverGold
3 days ago
Gold Forecast: Gold & U.S. Stock Cycles Update
By: Jim Curry | February 9, 2025
As we move into the year 2025, I thought it would be a good idea to take a look at the configuration of the time cycles, for both the Gold market - as well as for U.S. stocks.
Gold, Short-Term
For the very short-term, until proven otherwise the upward phase of a dominant 10-day wave is seen as in force in the Gold market, with that cycle shown below:
In terms of time, this 10-day wave is next projected to bottom in the coming days, with any reversal below the 2874.20 figure (April, 2025 contract) being the best confirmation it has peaked. In terms of price, that action would put the 10-day moving average as the ideal magnet, though with the potential for additional weakness through the same.
Stepping back further, of more key focus now is the bigger 72-day wave. As per my last article back in December, this 72-day cycle was confirmed to have bottomed out back in mid-November of last year, and with that was favored to push higher into the mid-January to early-February timeframe - which we are now into.
Here again is our 72-day cycle in Gold:
Once this 72-day wave tops out, its next bottom (as projected by our 72-day detrend indicator) is due around the early-April window, plus or minus. In terms of price, our downside 'reversal point' for this 72-day cycle is currently set at the 2795.80 figure (April, 2025 contract).
With the above said and noted, any push below the 2795.80 figure - if seen at any point going forward - would confirm this 72-day wave to have topped, thus putting the 72-day moving average and lower 72-day cycle band as the expected magnets. This downside reversal point number is moving up every few days, with the most current number always posted in our thrice-weekly Gold Wave Trader report.
With that, a countertrend correction with the 10-day cycle - if seen - would be expected to give way to a push back to or above whatever high that forms on the current upward phase. In terms of time, that would be favored to play out into mid-to-late February, which would then be the odds-on favorite to peak our larger 72-day component.
In terms of price, any short-term decline (such as with our aforementioned 10-day cycle) would need to remain above the 2795.80 figure, in order to keep the upward phase of the bigger 72-day cycle intact.
The Mid-Term View for Gold
From the comments made in my last article back in late-December, the assumption had been that the upward phase of our 72-day cycle would end up as countertrend, against the 2825.90 swing top from back in early-October. That peak was seen as our last top for the bigger 310-day wave, which is shown again on the chart below:
With Gold having taken out its early-October peak on the upward phase of our 72-day wave, that action now negates the downward phasing of our 310-day cycle. In other words, this particular cycle either bottomed very early - back in mid-November - or else is seeing some very extended upward phase, something of a rarity.
Adding to the notes above, if we look at our detrend that tracks this 310-day wave, we can see a good divergence having formed, which would support the idea of an extended cycle. Either way, prices can continue to extend higher for now, though - with the position of our smaller 72-day wave - any confirmed turn with that cycle would have decent odds of turning the bigger component.
For the bigger picture, I think the next mid-term buy for Gold will still come from a late-Spring, 2025 bottom, ideally made as close to the lower four-year channel as possible. In terms of patterns, that decline would be favored to end up as countertrend, before giving way to another 20%+ rally into later this year.
U.S. Stock Market, Mid-Term
For the mid-term picture in U.S. stocks, as mentioned in some of my prior articles, the 180 and 360-day time cycles were seen as pushing higher into the late-2024 to early-2025 region.
Here is the smaller 180-day cycle on the SPX:
In terms of time, the next trough for our 180-day wave is projected for April, which is also the general timeframe for a bottom with the 310-day cycle in Gold. In terms of price, a normal correction with this 180-day wave in stocks will take prices back to the rising 200-day moving average - and may also provide key mid-term support for the SPX.
The Presidential Cycle
Going further with the above, we are currently in 'post-election' year with the presidential cycle, which suggests a late-February low - followed by another low around the early-April timeframe - which is in line with our assessment with the 180-day time cycle. Here is a chart of the post-election year path:
From a Springtime bottom, the post-election year pattern turns higher into mid-to-late Summer - a rally which could be as much as 17-20% off the Spring bottom, based upon an average rally with our 180-day time cycle. From a July/August peak, the post-election path shows weakness into early-Autumn, before turning higher again into year-end. More on all as we continue to move forward.
Jim Curry
The Gold Wave Trader
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NYBob
3 days ago
XAU/USD Price Forecast Today, Technical Analysis (February 07): Gold Hits New Record but Reverses
FXEmpire
114K subscribe
https://www.youtube.com/watch?v=zgqTU-9Dv60
XAU/USD Price Forecast Today, Technical Analysis (February 06): Gold Retreats After Record High
FXEmpire
114K subscribers
https://www.youtube.com/watch?v=EUV0pS0Qskw
XAU/USD Price Forecast Today, Technical Analysis (February 05): Gold Continues to Power Ahead
FXEmpire
113K subscribers
https://www.youtube.com/watch?v=hBa3HkXS6Io
Gold Price Forecast: Hits New Highs, Eyes Further Gains Amid Strong Demand
By: Bruce Powers
Published: Feb 04, 2025, 21:49 GMT+00:00
Gold surged to a record high of $2,845, maintaining strong momentum. Key resistance and support levels will determine whether the rally continues, or a pullback starts.
https://www.youtube.com/watch?v=PaeyOUhPO6U
On Track to 450K Oz Gold @ $2800 Market: The Ultimate Growth Story | Oliver Dachsel - $Aris Mining
The Deep Dive
32.5K subscribers
https://www.youtube.com/watch?v=I42eKeWeHeU
General Flynn > We Defeated A Coup Attempt Now The People Want Accountability ❤️
https://rumble.com/v6fseej-general-flynn-we-defeated-a-coup-attempt-now-the-people-want-accountability.html?e9s=src_v1_ucp
$1M GOLD NOT FIAT Bitcoin in 2025? | Trump's Plan to End the Fed Revealed!
I think we are certainly getting near that collapse the way that currencies are going down
and debt is going up and the way that GOLD is reflecting that.
https://rumble.com/v6feblj-1m-bitcoin-in-2025-trumps-plan-to-end-the-fed-revealed.html?e9s=src_v1_e
The System of Money | Inside the Financial Machine | Understanding the Matrix
Moconomy
1.13M subscribers
https://www.youtube.com/watch?v=EVp5Q8_Ydm4
10,000/oz Silver if Mr. TRUMP Drains the "Silver Swamp!"? ♥️
$Patagonia Gold Corp, formerly known as Hunt Mining Corp., is a mineral exploration and production company
($PGDC : TSXV) / ($HGLD : USOTC)
The Company’s activities include the exploration and production of minerals from properties in Argentina and Chile.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175652433
WATCH "Trump’s Bold Move: The END of Silver Price Manipulation? Gold & Silver Market Shock 2025!"
Silver & Gold
618 subscribers
https://www.youtube.com/watch?v=REkbFA7HRI4
GOD BLESS
DiscoverGold
3 days ago
Gold CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
By: Hedgopia | February 8, 2025
• Following futures positions of non-commercials are as of February 4, 2025.
Gold: Currently net long 302.5k, up 3.1k.
Gold tried to unwind the overbought condition it was in by beginning with Monday’s intraday weakness ticking $2,802, and that was bought. This was a successful test of the prior highs of $2,802 posted on October 30 and $2,803 on January 29. By Friday, the yellow metal ticked $2,911 intraday – a fresh high – to end the session at $2,888/ounce. For the week, it jumped 1.9 percent. This was a sixth consecutive weekly gain.
Momentum is strong, although the daily remains extended. Should weakness develop, gold bugs will be tested if they can defend $2,800. After this, there is support at $2,750s, and $2,540s-50s and $2,440s-50s after that.
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DiscoverGold
4 days ago
NY Gold Futures - Pressing Higher »» Weekly Summary Analysis
By: Marty Armstrong | February 8, 2025
NY Gold Futures closed today at 28876 and is trading up about 9.33% for the year from last year's settlement of 26410. Currently, this market has been rising for this month going into February reflecting that this has been only still, a bullish reactionary trend. As we stand right now, this market has made a new high exceeding the previous month's high reaching thus far 29106 while it is still trading above last month's high of 28629.
ECONOMIC CONFIDENCE MODEL CORRELATION
Here in NY Gold Futures, we do find that this particular market has correlated with our Economic Confidence Model in the past. The Last turning point on the ECM cycle low to line up with this market was 2022 and 2015. The Last turning point on the ECM cycle high to line up with this market was 2024 and 2020 and 2011 and 1996.
MARKET OVERVIEW
NEAR-TERM OUTLOOK
The NY Gold Futures has continued to make new historical highs over the course of the rally from 2015 moving into 2025. However, this last portion of the rally has taken place over 10 years from the last important low formed during 2015. Noticeably, we have elected four Bullish Reversals to date.
This market remains in a positive position on the weekly to yearly levels of our indicating models. Pay attention to the Monthly level for any serious change in long-term trend ahead.
Looking at the indicating ranges on the Daily level in the NY Gold Futures, this market remains in a bullish position at this time with the underlying support beginning at 28771.
On the weekly level, the last important high was established the week of February 3rd at 29106, which was up 12 weeks from the low made back during the week of November 11th. So far, this week is trading within last week's range of 29106 to 28022. Nevertheless, the market is still trading upward more toward resistance than support. A closing beneath last week's low would be a technical signal for a correction to retest support.
When we look deeply into the underlying tone of this immediate market, we see it is currently still in a semi neutral posture despite declining from the previous high at 29106 made 0 week ago. This market has made a new historical high this past week reaching 29106. Here the market is trading positive gravitating more toward resistance than support. We have technical support lying at 28456 which we are still currently trading above for now.
Right now, the market is above momentum on our weekly models hinting this is still bullish for now as well as trend, long-term trend, and cyclical strength. Looking at this from a wider perspective, this market has been trading up for the past 7 weeks overall.
INTERMEDIATE-TERM OUTLOOK
YEARLY MOMENTUM MODEL INDICATOR
Our Momentum Models are rising at this time with the previous low made 2023 while the last high formed on 2024. However, this market has rallied in price with the last cyclical high formed on 2024 warning that this market remains strong at this time on a correlation perspective as it has moved higher with the Momentum Model.
Interestingly, the NY Gold Futures has been in a bullish phase for the past 15 months since the low established back in October 2023.
Critical support still underlies this market at 26170 and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible. Nevertheless, the market is trading above last month's high showing some strength.
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DiscoverGold
4 days ago
Gold Hits Record High Before Bearish Reversal
By: Bruce Powers | February 7, 2025
• Gold reached a record $2,887 before reversing, forming a bearish pattern that may signal a retracement towards support near $2,772-$2,790.
It looks like gold took one more gasp on Friday to reach a slightly new record high of $2,887 before a bearish reversal led to intraday selling. At the time of this writing, it is on track to close the day in a weak position, in the lower half of the day’s trading range. If it does end the day near current prices, gold will have completed a bearish shooting star candlestick pattern.
A bearish signal would then be indicated by a drop below today’s low of $2,852, currently. Since the bearish one-day pattern is occurring following a strong rally of as much as $304 or 11.8% as of today’s new record, and at a previously identified potential resistance zone, it should be given attention as it might indicate the beginning of a bearish retracement. The performance measurement starts from the December swing low (C).
ABCD Extended Target Revisited
A key point to consider is that today’s high was slightly above the prior trend high at $2,882 and that resistance was seen closer therefore to the rising ABCD pattern target at $2,889, as shown on the chart. The ABCD pattern looks to identify similar or harmonic relationships between consecutive upswings or downswings.
Once those relationships are met a potential pivot level is identified. The $2,889 target is 161.8% (golden ratio) of the price change seen in the first advance, labeled AB. Given today’s bearish reaction, it looks like gold is recognizing that resistance zone.
Pullback Likely
Given the strong rally in gold, it would be healthy for the bull trend to take a rest and either retrace or consolidate before it prices move higher. An obvious potential support zone is around the prior high of $2,790. That price level can be combined with this week’s low at $2,772 and the 38.2% Fibonacci retracement at $2,776. Together, they present a price zone from $2,790 to $2,772.
Since the 20-Day MA has been rising, it is also not far away from that price zone, now at 2,764. Upward momentum improved once the 20-Day line was reclaimed in early-January. Since then, the 20-Day line has not been tested as support. Certainly, it might during the upcoming bearish retracement, if that is what occurs.
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DiscoverGold
5 days ago
Gold Continues to Power Higher
By: Christopher Lewis | February 7, 2025
• The gold market has rallied again after the Non-Farm Payroll announcement came out.
Gold Markets Technical Analysis
The gold market has shown itself to be rather strong yet again, during the trading session here on Friday, as it does look like the overall uptrend is expected to continue. With that being said, I think you also have to realize that short-term pullbacks will continue to be a buying opportunity from everything I see. Ultimately, the market will end up looking at the $2,800 level underneath as a massive floor in the market. If we did break that to the downside, I would be surprised, but it would also send alarm bells ringing.
And the question now is whether or not we can continue to see the 2900 level above as a major barrier, or does it become something much less important? Only time will tell, but the reality is, this certainly looks like we are trying to get there, and therefore, I think you’ve got a situation where most traders are going to look at any dip as a value proposition in what has been a very strong uptrend.
If we were to break down below the 2800 level underneath, I think that would be a pretty significant sell-off just waiting to happen, but really I don’t think that changes the trend either. That just brings you back to the norm. So, all things being equal, I think we still have a very strong gold market going forward, and I only look to buy it, not sell it. I still think we are going to see a $3,000 print sooner than many thought previously.
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surfer44
5 days ago
Here's an interesting bit of trivia...
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