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Florian Grummes

Gold Market Analyst & Author

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 chart analysis 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: [email protected].

Florian Grummes Articles

With the early failure of the summer rally at 1,807 USD, the outlook for the gold market quickly deteriorated again since mid-August. As a result, the bears were able to push gold prices without much resistance below the important support...
In our last in-depth gold analysis we had been optimistically forecasting a recovery and summer rally for the gold price. And indeed, from its low at 1,680 USD gold rallied to 1,808 USD within less than three weeks. However, since mid of...
It’s been three and half tough months for gold and silver investors. Stock market and crypto investors have been suffering since November 2021 already, though. Now, after a bloodbath of almost 400 USD in the gold market, last week’s...
Gold had a strong start into the year but has corrected significantly since early March. Many gold bugs feel disappointed by gold basically going nowhere over the last two years. But compared to most other markets, gold has actually done...
Gold and silver prices experienced quite a roller coaster ride over the last few days. Given the fast recovery on Friday, we see two potential scenarios for the precious metal markets to unfold. Gold – Healthy Pullback or Escalation Until...
On August 7th, the price of gold hit a new all-time high of US$2.075 . At that time we warned of the temporary end of the gold rush. As a result, over the past four months, there has been tough and stretched correction, with several...
The precious metals sector has been in a pullback for the last three months. Even though prices have not marked new lows in the last eight weeks, the trend-less sideways consolidation has certainly created a lot of stress, pain and...
Gold spot prices as well as the SPDR Gold Trust ETF and the Sprott Physical Gold Trust came under severe pressure as a multi-week triangle was dissolved downwards on September 21st. However, over the last five days gold was able to recover...
Even though we had published timely warnings, the recent pullback and increased volatility in the precious metals sector have caught many traders and investors off guard. While central bankers keep printing money like crazy, prices for...
Gold closed last week at US$1,770 almost US$20 higher than at the closing price on June 19th. The bulls not only pushed prices to a new eight-year high at US$1,780 but have once again responded with great strength to a bearish attack on...

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