Gary Savage  Technical Analyst / Investment Expert

   

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Gold: New Bull Or Same Old Bear?
Published by Gary Savage | Oct 1, 2018 | Articles 2589

There are two schools of thought right now, and both sides are firmly convinced they are correct. The bullish case: Gold started a new cyclical bull market in late 2015. The bearish case: The bounce out of the 2015 bottom was just a counter trend bear market rally, and at best gold is stuck in a long sideways channel similar to the 1980-2001 period. While I have to admit there is a lot of compelling evidence to support the bearish scenario I’m not convinced that is correct.

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Gold ICL Confirmed
Published by Gary Savage | Jul 3, 2017 | Articles

The dollar will rally for 6-8 weeks while gold heads lower. Gold has decisively broken down through its 200 dma. Traders are in a bull market mentality and will try to buy gold’s dips until sentiment becomes bearish.

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