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.

Florian Grummes Articles

Since my last report, Gold has continued its volatile range trading between $1,225 and $1,280. Although the bulls are still somehow in control, there is no clear trend -- and you might do yourself a big favor if you just stay at the...
During the last two weeks gold has been quite volatile moving between $1,191 and $1,252 without being able to establish a clear trend. So far the consolidation below the recent top at $1,263 has a bullish taste but gold needs to break out...
Gold has clearly broken out of its falling wedge - earlier than anticipated. The stellar performance during the last two weeks has likely changed the big picture and probably marks the starting point of a new multi-year bull market. But...
It´s been a nasty start into the new year. Deflation (driven by a weak China) keeps on eating into the system and now is visible for everybody. I have been writing about this many times during the last couple of years. Yet the global...
During the last two weeks Gold first continued to slide down towards the big psychological number of $1,000. It seemed to be just a question of a couple more down days before Gold finally would reach this longterm target.
Yet on December...
After a nasty and brutal sell-off starting mid-October Gold has been consolidating between $1,064 and $1,095 over the last two weeks. Although we are very close to the potential bottom zone around $980 - $1,035 Gold could still continue to...
Two weeks ago I changed my mind and warned of an immediate sell off in Gold and precious metals. Three days later Gold quickly touched $1,182 only to tumble down after the FED statement. Luckily, my recommendation to sell short any...
As expected Gold has been breaking out of its triangle formation and quickly pushed higher. So far $1,191 has been the high of this move - still way below my target at $1,237. Unfortunately during the last seven trading days the bullish...
Gold is breaking out of its triangle formation -- and a first target at $1,237 is activated. The whole precious metals sector presents itself pretty bullish. It´s still too early to call the end of the bear market but the picture continues...
Since the flash-crash (24th of July down to $1,071), the technical picture for Gold has been improving step by step. First a $100-short-squeeze pushed Gold towards $1,170 in mid of august. Gold only briefly touched this level and corrected...

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