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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

The gold market’s meteoric rise over the past seven-and-a-half months has been nothing short of extraordinary. Fueled by heightened geopolitical tensions and robust central bank buying, gold prices smashed through resistance around USD 2,...
Gold prices have taken a dip as hopes for a rate cut diminish following the reduction of broader conflict risks in the Middle East. As the attention is now turning to the upcoming Fed meeting, gold is now hovering above the USD 2,300...
After a sharp two-month rise to a new all-time high of USD 2,149 on December 4th, the gold market experienced a sharp pullback to USD 1,973 in the final weeks of the old trading year, followed by a rapid recovery to USD 2,088. To digest...
The gold market has seen quite a bit of action in recent weeks. Initially, on Monday, December 4th, during early Asian trading, the anticipated breakthrough above the all-time high at USD 2,075 was finally achieved.
As the price of gold continues to flirt with the psychological resistance of USD 2,000, having gained a respectable 8.3% over the past year, mining stocks have failed to yield returns. Mining Stocks – Unpopular Yet Promising.
Commencing from the low on October 6th at USD 1,810, the price of gold surged by nearly USD 200 or 11% in the subsequent three weeks, reaching USD 2,009. A two-week retracement brought the prices back to the 200-day moving average (back...
In late April, we timely warned about a topping process in the gold market and expected prices to pull back towards USD 1,900 over the following weeks. On June 29th, with gold reaching an intraday low at USD 1,893 we turned bullish.
Over nine weeks have passed since the last peak in gold. During this time, gold prices have fallen by 8.4%, from USD 2,067 down to USD 1,893. While the initial wave of this correction was fairly decisive, market participants have been...
The Midas Touch Gold Model illuminates the gold market from many different perspectives with a rational and holistic approach. It convinces with its versatility and its quantitative measurability. While rooted in extensive data, the model...
Since reaching a high of USD 2,067 on May 3rd, the bears have taken control of the gold market. In an initial wave down lasting about three and a half weeks, they pushed the price of gold down to USD 1,932.

The volume of all the gold ever mined can occupy a cube 63 feet on each side.

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