Gold Forecast by Seekingold

We evaluate gold market fundamnetally and technically to predict where the prices will be short- and long- term. Global macroeconomics and currencies play an important role in direction of the trends. Short term forecasts are covered in this page and the bigger pricture is discussed here.

Gold Price Forecast	Target US$/ounce
2010	1,500
2011	1,750

In our technical analysis we take advantage of trend analysis. Trend analysis is a proven and an important aspect of technical analysis that looks for an ongoing upward or downward pattern that could lead to forecasting gold prices. Trend is your friend! In this strategy an investor stays long with an upward price trend until the trend is reversed. Therefore, this strategy can provide returns regardless of the market direction.
You can find articles on this site that discuss investing in gold stocks based on different trading strategies and risk tolerance. A number of newsletters are out there that make recommendations for precious metal stocks, we’ve been monitoring the Wall Street Cheat Sheet newsletter and encourage you to give it a try for the good analysis they offer on gold and silver stocks.
Information on this page is updated regularly. Make sure to sign up for the newsletter if you like to be notified of major events and opportunities of this market.

source: seekingold.com