Modeling Suggests Gold Will Break Above $1650 Within 15-30 Days

February 14, 2020

Article by Chris Vermeulen in 

Our Adaptive Dynamic Learning predictive modeling system is suggesting gold will rally above $1650 within the next 2 to 4 weeks, then settle into a narrow price range above $1600.

If you've followed our analysis of gold, you already know we expect the metal to rally above $1750 this year and to continue to move higher, attempting to breach the $2100 level. It is just a matter of time as far as we are concerned as Metals begin a massive upside rally as global debt markets become an issue throughout the world.

Right now, there is a very clear opportunity for gold to rally nearly $100 over the next few weeks.

Our ADL predictive modeling system is suggesting this should begin soon and will likely propel the price of gold to levels above $1640 before March 15.

This monthly gold chart highlights our overall trend expectations going out 8+ months.

We think this upside price rally will ultimately target levels above $1800. It will likely attempt this move in multiple upside price legs containing various pause/momentum basing events. Yet we believe the ultimate upside objective in gold is $1800 to $1850 before a new downside leg sets up. That downside leg will end fairly quickly, then the next wave of buying will push the price above $2100 and, ultimately, much higher.

Concluding Thoughts

This is an excellent opportunity for skilled traders to buy gold or silver near current levels before the upside breakout pattern drives prices 4% to 6% higher ($75 to $100).

To read this article in in full and view the relating charts, click here.

Find out how Gold can bolster your portfolio!

Gold Kit

Complete this form to get more information and to receive a FREE Gold Kit.

or Call Now 800-576-9355
We respect your Privacy