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

Gold´s price action over the last two weeks has been pretty weak. The 50MA (US$1,196) has been lost and it looks like Gold wants to break lower. Yet it did not close below $1,170 and bulls are starting a recovery since the lows from last...
As expected Gold managed to rally and exploded $50 higher within just five trading days since my last update. But with the same velocity all gains have been vaporized with two large down days. Another short-term top has been clearly...
The Model continues to be in strong Sell/Bearish Mode. On the positive side we have a new buy signal due to the falling Volatility. Also and even more important the CoT-Report is now looking much better. This indicator is still missing...
After two weeks of moving and filling around the US$1,200 level Gold finally broke down on Friday. I had anticipated the sideways trap since early April and explained my bearish outlook in my recent analysis as well. Last Monday I told my...
During the last two weeks the model changed from a buy signal to neutral and now to a sell signal. The GDX Daily-Chart is on a sell signal for the second week already while this weekend Gold in Indian Rupee, the US-Dollar Daily Chart as...
During the last two weeks the model changed to a strong buy signal. The first buy signal that flashed was the GDX Daily-Chart followed by the Gold/Silver-Ratio. A very interesting development was the falling US Real Interest Rate. It went...
Gold has been very weak during the first two weeks in March. Bulls could not defend the $1,200/1,190 level and consequently the market sold off down to a recent low around $1,146. The expected recovery never happened. The main driver...
The model is in a "soft" sell mode. A move above US$1,313 would probably signal the end of the bear market in gold. Seasonality remains weak until June. CoT-Data suggests that Gold needs more corrective price action before a contrarian buy...
In my analysis from 26th of November I wrote: "After a setback that should hold above the US$1,175.00 level the 200-MA (US$1,276.58) becomes the logical next target". We are there now! Unfortunately in my update from10th of December I...
In my last analysis from 19th of October I expected Gold to break down below US$1,180.00 rather sooner than later. After a final push towards US$1,256.00 the bears took over again and Gold sold off all the way down to US$1,130.00.

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The melting point of gold is 1337.33 K (1064.18 °C, 1947.52 °F).