Florian Grummes

Florian Grummes (born 1975 in Munich) has been  studying and trading the Gold market since 2003. In 2008 he started publishing a bi-weekly extensive gold analysis containing technical chartanalysis as well as fundamental and sentiment analysis. Parallel to his trading business he is also a very creative & successful composer, songwriter and music producer. You can reach Florian at: info@goldnewsletter.de.

Articles by Florian Grummes

It´s been a couple of tough days when silver experienced a flash crash and gold moved below its 200MA at 1,235 USD. But the incredible pessimism among basically all precious metals investors and analysts was a great contrarian signal.
While the "CoT-Report" signal improved to neutral we got two new sell signals. One comes from the SPDR Gold trust Holdings. The other one is likely more important and was issued by the US-Dollar who seems to get ready for a bounce/recovery...
Since mid-December the precious metals sector is in an uptrend. Especially gold has been acting very well while the mining stocks are basically consolidating since early February. After their phenomenal rally in the first half of 2016 they...
A memorable and wild week is behind us. In my last report it was just an intuitive premonition that a big surprise might be upon us while the facts clearly spoke a different language. Now a change in this world has become tangible. Whether...
The US-elections are getting close and while mainstream media is already sure about the outcome I think there is still room for a big surprise. Looking at the market it is clear that the participants are not as sure as the mainstream media...
What a difference two weeks can make! After an agonizing and confusing sideways draw during the summer which kept the bulls happy and lulled them in security the gold market has now shown its ugly face again. Fortunately two weeks ago I...
Since early July already the goldmarket is caught in some form of an agonizing and confusing sideways consolidation. Every time it looks like it is about to break out to the upside it´s coming back down. The series of lower highs is...
Gold has been moving sideways and is still within a multi-month consolidation pattern since early July. There was no reason to chase gold. Yet nothing to worry about it neither. Instead I think this will come to an end rather soon!
The Brexit vote was a surprise. However, my alternative scenario for this unlikely event was a bull´s-eye. Gold immediatley spiked sharply higher and met some profit taking around $1,350. Now two weeks later it´s even higher and in a...
Since its recent low at $1,200 on May 30th gold posted a massive rally reaching $1,315 last Thursday. Since then gold has started to retrace back towards the February highs at $1,262. So far everything is within a normal pullback. But the...

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.