Gold Market Analysis and Trends

Is gold headed back to all-time highs?

Well, it's making good progress so far, recapturing the twenty, the fifty,

and even now testing the one hundred-day moving average.

With the two hundred-day moving average just above around the forty-five hundred

level, could gold be setting up for a larger

scale

breakout and maybe getting out of this long-term downtrend that we've been

in since the beginning of twenty twenty-six, and maybe catching a bid back

towards those all-time highs? And while all-time highs might seem like a

faraway move, let's just remember how quickly

when gold wants to get

going, it really can. Between twenty twenty-three and twenty

twenty-five, during the October lows, we saw gold rally

by two hundred-plus percent at the peak to trough.

So to get back to all-time highs, we'd just be looking at about a

twenty-seven

to twenty-eight percent rally in the price of gold.

Definitely a meaningful move higher, but also certainly possible when we

kind of pull back here and look at the broader theme.

The question now becomes: Are we still in a secular

longer-term metals market rally or has that ship

sailed? And I think that if you think gold can continue,

a retest of the

all-time highs may be closer than we think.

This week, we saw cooler than expected inflation

reports, which put some

pause on whether or not the Fed is going to hike interest rates

aggressively.

I think that they are probably not going to.

The dollar's weakening up a little bit.

And we also saw a poor jobs report round last week.

So all of that combined tells me that I think that we could see

continued rally in this, uh, breakout that we're finally seeing

taking place. Now, this is a weekly time chart,

and you can see that for the first

time in a while, we've actually got a weekly candle looking

very

green that actually is showing some follow-through.

And back to the daily chart. If we can get back above

that two hundred moving

average, that would put us back in what I believe

to be a

longer term upward trend, and that would make the rally even

stronger in my personal view. Let me know what you guys think.

Is this one big sell the rally opportunity or is the

gold bull trend back? By the way, I mentioned some fundamental analysis

components in there, talking about inflation and jobs.

And if you wanna learn more about that, I actually have a free course on how to do

just that. It is actually free. Just comment the word "course" down below

and I'll

send it over.