AR 
EN In 2029, gold prices will likely see a moderate recovery due to heightened geopolitical risks and inflationary pressure. The price of the precious metal will fluctuate within a wide range of $5,057.79–$10,621.66. Beyond Technical Analysis is ideally suited for traders who are serious about developing a robust trading system. Whether you’re an experienced trader looking to refine your strategies or a newer trader eager to learn how to implement your own system, this book has valuable insights for you. If you thrive on practical information, concrete examples, and expert advice, you’ll likely find this book to be a beneficial addition to your trading library. Some analysts predict a rise to $3,634.00, citing inflation and geopolitical instability — factors that have traditionally boosted demand for gold as a safe-haven asset.
Beyond Technical Analysis: How to Develop and Implement a Winning Trading System (Wiley Trading) – Hardcover
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.
Beyond Technical Analysis: How to Develop and Implement a Winning Trading System, 2nd Edition – Hardcover
A strengthening U.S. dollar put downward pressure on gold quotes. It can be said that the principles of technical analysis is derived from the observation of financial market over hundreds of years. The oldest well known technical analysis method was developed by Homma Munehisa in the early 18th century, which evolved the used of candlesticks techniques.
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.
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.
- Between 2035 and 2037, analysts anticipate the rally to continue toward $11,370.00.
- It is challenging to predict with certainty when the price of gold will surge.
- CoinCodex forecasts a decline in gold prices from $6,796.82 to $6,136.76 over three quarters of 2029.
- The market may consolidate before a decisive breakout above resistance or drop towards support.
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, 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.
Strong US Dollar Puts Pressure on Gold Quotes. Forecast as of 24.12.2024
The gold price will likely trade in the range of $3,791.93–$6,074.23. LongForecast expects the price of gold to rise to $3,761.00 by early October. The price of gold is influenced by various economic factors, including interest rates, inflation, and geopolitical events. While forecasts are subject to variation, it is improbable that the price of XAU/USD will decline below $2,500.00 per ounce. The future of XAU/USD, which reflects the value of gold against the US dollar, is closely linked to the US dollar’s trends and market sentiment.
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.
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 beyond technical analysis considered a safe-haven asset, especially during periods of economic instability. It is important to carefully analyze the market and consider the opinions of financial experts before making a decision. Predicting the value of gold over the next decade is a challenging task. Gold prices fluctuate due to technological innovations, shifts in consumer demand, and global economic trends. Gold will continue to serve as a risk-hedging instrument, which may push its value to $11,370.00.
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Last week, gold consolidated above the Target Zone 4, 3,735–3,720. The next target within the medium-term uptrend is the Target Zone 5, 3,885–3,870. Long trades can be considered on a correction at the support (A) 3,631–3,615 and support (B) 3,551–3,527.
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.
- 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.
- In the space industry, it is used to safeguard equipment from radiation.
- According to the consensus forecast, the price will range between $5,479.38 and $7,956.16.
- Technical Analysis is the oldest device designed to beat the forex market.
- After downloading Beyond Technical Analysis PDF, you can open it with any PDF reader app on your phone or tablet.
But its basics concepts become popular with the contributions made by Hamilton (1922) and Rhea (1932). TUSHAR S. CHANDE, PhD, is President of LongView Capital Management, LLC, of West Des Moines, Iowa, and a registered Commodity Trading Advisor. He holds nine U.S. patents and is internationally recognized as an innovator in technical analysis. He is also the principal author of The New Technical Trader (Wiley). TUSHAR S. CHANDE, PhD, holds nine U.S. patents for creative solutions to flexible manufacturing problems using high-power lasers and optical fibers. 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).
Gold Faces Sell-Off Amid US Stock Market Turmoil. Forecast as 28.01.2025
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.
So, who would truly benefit from reading Beyond Technical Analysis? If you’re a burgeoning trader eager to develop your strategies or an experienced trader looking to refine your system, this book could be quite the companion. It’s suited for those willing to put in the effort to build their knowledge and take ownership of their trading systems. Gold is often considered a refuge during periods of economic uncertainty.