Clive Maund

Articles by Clive Maund

A confluence of factors suggests that we have just seen the bottom in gold and silver, or if not that the bottom is very close. The last update called the bottom too early as renewed dollar strength resulted in another downleg in the...
Gold Market UpdateGold is believed to have bottomed. It crashed the support at $850 as predicted in the last update and plunged to hit a low $8 below our target range on a closing basis. Our target range for the drop was $800 - $825, and...
Gold Market UpdateA week of dramatic developments ended with the dollar surging to 6-month highs and silver crashing an important support level and plunging. Gold, however, did not break below its important $850 support level, although as...
Gold Market UpdateWhile the broad stockmarket has staged a relief rally from deeply oversold in response to the Fannie and Freddie bailout and oil has tumbled over the past week or two, both as predicted, gold has suffered more collateral...
Gold Market UpdateAlthough gold has remained in the doldrums since the last update, there is plenty of evidence that another strong uptrend is solely a question of when, not if. On the 1-year chart we can see that the reactive phase in...
The technical condition of silver has continued to improve since the last bullish Silver Market update was posted a week ago. This is because it has held above the strong support in the $16 - $16.50 area, and by virtue of moving sideways...
Gold Market UpdateGold’s corrective phase is believed to be complete, meaning that it is now in position to begin another major uptrend. In the last update, which was about 5 weeks ago, we were looking for it to continue to react back to...
Gold Market UpdateGold’s uptrend channel from its August low failed last week as predicted, leading to an immediate plunge to $875, from which point it bounced. The failure of the uptrend and the drop well below the 50-day moving average,...
If you have ever wanted your child to study Technical Analysis so that they can become a millionaire like you, instead of maybe ending up living off you for half their lives and bringing their washing home etc, but have not summoned up the...
It was somewhat odd that despite the extraordinarily bullish COT profile for silver, as of last weekend, gold took center stage and has soared during this week as predicted, despite its COT profile not being as dramatically bullish as that...

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Indian gold demand muted at festival, buyers hope for lower prices