Clive Maund

Bullmarket of Unprecedented Magnitude in Gold

Author Clive Maund | Published by Goldbroker ™ | Dec 31, 2019 | 7929

Gold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn’t, and started higher again in recent days over th...

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Gold's 7-Year Bearmarket Phase Is Over

Author Clive Maund | Published by Goldbroker ™ | Oct 15, 2018 | 3765

In recent weeks we have been wary that, despite highly favorable COTs and Hedgers charts and rotten sentiment indicators etc, a general asset liquidation might drag the PM sector even further down, but Thursday’s extraordinarily positive action by the sector serves to allay those fears.

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Gold Will Do A Moonshot

Author Clive Maund | Published by Goldbroker ™ | May 7, 2018

Gold is actually at a good point to turn up here, as it is close to a zone of support which is underpinned by the rising 200-day moving average in quite close proximity. This looks like a pretty good point to undertake more accumulation.

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