AG Thorson
Technical Analysis Expert & Editor @ GoldPredict.com
AG Thorson is a registered CMT through the MTA and an recognized expert in technical analysis of the precious metals markets. He is also the Editor of GoldPredict.com where members receive daily updates and regularly scheduled reports 3-days a week. He prides himself on making his analysis easy to understand through the use of adaptive and creative charting methods. You can reach AG at [email protected].
AG Thorson Articles
After last week's employment report, markets are now pricing in 0.25% rate hikes in March, May, and potentially June. Stocks and risk assets continue to fight the Fed, refusing to believe Powell will get rates to 5.00%+ and keep them there...
We believe gold is in the second inning of a nine-inning advance that should take prices to new all-time highs in 2024. Precious metals remain under-owned, and pullbacks could be mild to moderate in 2023. Expect a spike in 2024 ahead of...
The Fed likely has one or maybe two more rate hikes before they pause in the second quarter. The US must raise the Debt ceiling before July to avoid a technical default. Bank lending standards approach recessionary levels supporting...
Investors and financial media believe inflation peaked and is headed much lower. I agree inflation likely peaked, but I'm still determining how fast it recedes. Storm clouds are gathering on the energy front with concerns over a potential...
Gold confirmed a bullish breakout after Thursday’s inflation report. After months of disappointment, gold bugs can breathe a sigh of relief.
Last week I noted the potential for a repeat of the 2018 bottom. With gold futures back above the September breakdown ($1680), the odds for a significant bottom are growing.
Financial stress indicators are flashing red as we head into October. Markets seem vulnerable to something breaking, perhaps in the credit markets. Gold could dip a little further, but the charts are lining up for a repeat of the 2018...
The odds for another 0.75% Fed rate hike have risen to around 70% over the last week. This has pushed short-term interest rates and the dollar higher. Gold is slipping back towards critical support. Our cycle work expects one final dip...
Gold prices have plunged nearly $300 since peaking in March. The chart is building a bullish hup-with-handle pattern supporting a breakout above $2000 later this year.
The old saying, sell in May and go away, could prove useful in 2022. The storm clouds are gathering, and I see the potential for a technical breakdown in the Dow.
