A complete, concise, and thorough reference, Beyond Technical Analysis takes you step-by-step through the intricacies of customized system design, from initial concept through actual implementation. According to CoinPriceForecast, beyond technical analysis the price of the precious metal could reach $9,550.00 by the end of 2034. Between 2035 and 2037, analysts anticipate the rally to continue toward $11,370.00. According to CoinCodex, gold may soar to $6,795.26 within the first three quarters of 2027. However, by the end of the year, gold quotes will likely slide to $5,902.43. The performed technical analysis allows us to make a forecast for XAUUSD for the coming year.
In addition, gold is a favored asset among traders due to its liquidity. This precious metal is regarded as a symbol of stability and reliability, playing a pivotal role in the global economy. In 2022, geopolitical tensions, particularly the conflict in Ukraine, drove gold prices upward again. Inflation continued to climb, prompting central banks to tighten monetary policy. Social media sentiment refers to the collective opinion of traders and investors regarding the prospects for the XAU/USD, as expressed on social media platforms. Positive sentiment foretells a rise in price, while negative sentiment may lead to a sell-off.
- Growth can be driven by various factors, such as inflation, geopolitical crises, or interest rate cuts.
- A weakening dollar and growing uncertainty could support gold prices, while a strengthening dollar is likely to put pressure on the gold price.
- Gold is considered a safe-haven asset, especially during periods of economic instability.
- He is also the principal author of The New Technical Trader (Wiley).
Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition 2nd Edition
The precious metal will retain its status as a reliable asset for long-term investments. Experts do not rule out a correction in the gold market in 2028 due to higher interest rates and an improvement in the investment climate. The asset will trade in the range of $4,638.96–$7,551.00, with possible drawdowns during the year. In five years, the price may rise due to inflation and geopolitical turbulence, but a stronger dollar and higher interest rates could hamper growth.
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Ralph Nelson Elliote and William Delbert Gann are the other pioneers of technical analysis. They developed their own respective techniques in the early 20th century. Gold is considered a safe-haven asset with a steadily increasing value. As such, XAU/USD will unlikely depreciate and will remain in demand as a hedge against risks tied to escalating economic and geopolitical tensions.
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Growth can be driven by various factors, such as inflation, geopolitical crises, or interest rate cuts. Investors are advised to closely monitor market developments and conduct thorough analyses. Despite gold’s appeal, the investment value of gold is not a straightforward matter. Gold is widely recognized as a reliable safe-haven asset during periods of economic uncertainty and soaring inflation.
BeatMarket forecasts that the value of gold could soar to $4,500 by 2040. CoinCodex forecasts a decline in gold prices from $6,796.82 to $6,136.76 over three quarters of 2029. According to Gov Capital, gold will likely trade near $8,164.82 at the beginning of 2029. By June, the price could rise to $8,576.27, and by December, it may surge to $9,577.19. The estimates take into account the potential stabilization of the global economy, but the gold production deficit and increased appetite from central banks could push prices up to $5,902.43–$6,390.00. According to CoinCodex, the average price of gold may increase to $3,941.70 by early October.
Gold Price Fundamental Analysis (XAU/USD)
According to the consensus forecast, the price will range between $5,479.38 and $7,956.16. Gold is a versatile asset, used not only as an investment tool but also in many industrial applications. In jewelry, it is esteemed for its aesthetic appeal and resilience. In electronics and medicine, gold is employed due to its conductivity and resistance to corrosion. In the space industry, it is used to safeguard equipment from radiation.
- The next target within the medium-term uptrend is the Target Zone 5, 3,885–3,870.
- In the space industry, it is used to safeguard equipment from radiation.
- A contributing editor to Technical Analysis of Stocks & Commodities magazine, he has been a registered Commodity Trading Advisor and is the principal author of The New Technical Trader (Wiley).
- After downloading Beyond Technical Analysis PDF, you can open it with any PDF reader app on your phone or tablet.
According to WalletInvestor, the price of gold may hit the $3,791.93 mark. By the end of June, it may rise to $4,036.02, and closer to the end of 2026, it may increase to $4,210.87. Modern technical analysis was developed at the end of the 19th century.
Others believe that a stronger U.S. dollar and rising interest rates could negatively impact the precious metal. Gold is one of the longest-standing and most valuable metals, with mining operations dating back over 6,000 years to ancient Egypt. Over time, gold has become a universally accepted means of exchange and an essential component of the global economy. Its scarcity and resilience to external influences drive the continued demand for this precious metal.
Its limited supply and global demand also contribute to heightened demand among investors. Based on posts on the X network, a significant number of traders and investors are counting on long-term growth in gold prices. Due to geopolitical risks, inflation rates, shifts in monetary policy, and technological breakthroughs in gold mining, it is challenging to predict the price of gold for the period 2040–2050. However, expert assessments are important for understanding possible scenarios. In 2026, gold is expected to continue its rally, driven by the weaker US dollar and sustained demand for gold as a primary hedging instrument.
Conspiracy Theorists Push Gold Quotes Higher. Forecast as of 25.02.2025
Now acclaimed system developer Tushar Chande shows you how to create “real-world”systems that meet your trading needs. Now acclaimed system developer Tushar Chande shows you how to create “real-world” systems that meet your trading needs. By the end of 2025, moderate growth in gold prices is expected due to geopolitical turmoil and inflationary risks. The asset is expected to trade in the range of $3,479.77–$4,440.13, with possible short-term spikes as negative economic factors intensify.
The new edition reflects my intense experiences as a Commodity Trading Advisor (CTA), developing systems, trading over 60 futures markets around the world and marketing services to clients. The additions to the second edition spring from my research to find effective answers to clients’ questions about trading systems, risk control procedures, and expectations of future performance. For example, try giving a simple answer to the question, “What’s a ‘good’ benchmark for performance comparisons of CTAs, hedge funds, and stocks? ” I developed tools for comparing managers, analyzing equity curves, quantifying risk-adjusted performance, estimating drawdown risk, and projecting expected returns. These tools have been tested and accepted by many large allocators in the managed futures business and can be applied to stock indexes and mutual funds.
We recommend using Adobe Acrobat Reader, Apple Books, or Google Play Books for the best reading experience. In presentations to clients, there is rarely enough time to explain the nuances of design … A tug-of-war between inflationary expectations and rising interest rates marked 2023 and 2024. Gold remained sensitive to changes in bond yields and the geopolitical landscape. To make our forecasts as accurate as possible, it’s important to estimate historical data. If the asset falls to the support (A), one may consider long trades near this zone with the first target at 3,702 and the second one at around 3,791.
A user under the nickname @XAUUSD_AILIE notes the rise in gold prices to new historic highs. The user indicates a new support zone of $3,715.00–$3,725.00, with bullish targets located at $3,750.00–$3,780.00. Technical Analysis is the oldest device designed to beat the forex market. The history of technical analysis can be traced back to the articles published by Charles H. Dow in the Wall street journal between 1900 and 1920.
If you’re committed to forging your path in the trading world and are ready to tackle the complexities that come with it, Beyond Technical Analysis might just be your next indispensable guide.