In Global Watch - The Gold Forecaster, we present the global picture as it relates to gold and while synthesising these factors to forecast the gold price.
The price of gold is an amalgam of diverse and changing influences. From different world urrencies to jewellery, from investors to speculators, from the U.S. to India, from Australia to Canada, from South Africa to Asia, the gold price is of interest to all. It cannot be seen in isolation as a metal, but must be understood as a Global Thermometer measuring monetary, political, and economic stability.
These factors do not merely add up to the price but interact -in sometimes irregular ways- to produce the gold price. For example, rising prices often lead consequently to rising demand, as the appetite for the metal grows. Its price may rise in one currency and simultaneously fall in another. The price of gold reacts sensitively to the overall level of global stability.
It is our task in this letter to track these different features, giving you both the Technical Analysis and the Fundamental features impacting the gold price each week. It is our goal to help you to understand and profit from this market, wherever you are on this globe. We welcome any input or observations you may have, which contribute to the enhancement of this service.
Contributing Authors
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