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
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.
In my last analysis from 7th of September I thought that Gold would hold up well above the US1,240.20 level. Obviously I was wrong as Gold had a terrible month and plunged all the way down to US$1,183.30. If you followed my recommended...
In my last analysis from 25th of july I wrote: "Swing traders need to be patient and avoid trading in this whipsaw environment. Scaling in with limit buy orders between US$1,281.00 and US$1,265.00 should be a promising recipe. Stopps...
As always lots of data and lots of contradictory findings to digest. This is the result of mass psychology, complex market structures and a never ending stream of new developments. Welcome to the three-dimensional real-time puzzle....
Best time of the year starts in July and should typically last until next spring. After 3 years with heavy corrections in autumn I think this year we could see a sustainable rally into December.
Precious Metals bull market continues and is moving step by step closer to the final parabolic phase (could start in summer 2014 & last for 2-3 years or even longer).
In my last analysis I clearly explained that Gold had just finished its up-leg and that one had to expect some form of a deeper correction. In the meantime Gold has lost nearly US$115.00 in just 12 trading days. Personally I was surprised...
Fundamentally, Gold should soon start the final 3rd phase of this long-term bull market.
Fundamentally, Gold should soon start the final 3rd phase of this long term bull market.
