UK Gold Trading Experts
  • Home
  • Trade Like a Pro
  • Gold Blog
  • Subscriber Resources
  • Legal Stuff
    • User Agreement
  • Contact Us

The Roadmap to New Highs in 2013

26/11/2012

26 Comments

 
Picture
Gold has been in a bull market for the last 12 years with year-on-year gains in every calendar year since 2001.  We believe that this bull market has a lot further to go, though we expect a top of some significance in 2013, year 13 of the rally (13 is a Fibonacci number).

After a significant correction, we then expect the gold price to move higher again in another multi-year rally, taking us to a major top in 2022, a 21 year super rally in precious metals the like of which the world has never seen before.

It is clear from the chart below that gold makes a cyclical top every 22 months.  The last such major top was in August/September 2011, giving us our next cyclical top in June/July 2013

Picture
From an Elliot Wave perspective, we were in a Wave 4 corrective triangle from this top in September 2011 until we broke out of the triangle in August 2012 and began a Wave 5 rally.

We believe that we have completed Waves 1 and 2 of this final rally leg and have just started Wave 3.  This means that we have Wave 3, 4 and 5 to complete the pattern and take us to the cyclical high in June/July 2013.

The chart below shows how we expect the price to move over the next 7 months to arrive at our projected top at $2,400.
Picture
Following this, we then expect a significant correction to unfold in gold and silver which will take gold prices back to $1,300-$1,500 before the next major rally begins.

Subscribers to our paid service at www.goldtradingexperts.com/our-products.html get our support and insight every day to help trade this market successfully as these major plays unfold. 

Since starting the service in October 2011 we have helped our subscribers gain over $400 (equivalent to 4,000 points/ pips), which is an impressive return considering we've been trading throughout a choppy period of consolidation - as the major moves we are predicting become reality we'd expect our returns to be even more impressive.
26 Comments
Nkanyiso Manqele
20/12/2012 10:59:44 am

Reply
John Doe
4/1/2013 05:32:50 pm

Google: “Number of gold coins in circulation”

Result: Never ending list of business, individuals and companies trying to sell you gold coins.

Here’s a fiscal cliff idea:

The Gov. should dump all gold on the open market; pay off the debt, and with the interest savings, buy back double within ten years for half the price it was sold for!

Reply
me
30/1/2013 09:38:33 am

greta idea
the gov has ZERO gold

Dixon
20/12/2012 02:43:16 pm

LOL

Reply
UKGTE
21/12/2012 12:19:44 am

Admittedly this prediction looks less likely now than a month ago, however it is clear that there is a cycle top due in June 2013, and it is not beyond the realms of possibility for gold to move $800 in 6 months - in fact, in July 2011, gold moved up over $400 in just over month.

Regardless, we are traders and take both long and short postions to trade the market in whichever direction it leads us. We are not wedded to our long term predictions, merely set out what we expect in a broad sense.

Reply
Nick
20/12/2012 08:21:52 pm

How can you predict this?

Reply
UKGTE
21/12/2012 12:23:47 am

This prediction is based on a combination of our analysis on cycles (with a top being due in June 2013) and Elliott Wave theory. This article sets out what we think may happen over the next 6 months, however in reality of course nobody can predict the future.

We trade on a much shorter timescale than this "roadmap" could be used for, taking both long and short positions over periods of a few days to a few weeks to profit from movements in the gold market.

Reply
Paul N
2/1/2013 02:53:48 am

The boys at Goldman and Morgan were predicting this 1 or 2 years ago for the end of last year (12) if not the previous (11).

I'm not a hippie, I love IB and appreciate the extra thought people put into this; but you know what you get when you mix alchemy and science? -The stock market analyst.

Reply
RacetothebottomIII
22/1/2013 07:25:22 pm

On 1/22/2013, this looks realistic.

Reply
James
24/1/2013 08:42:27 pm

Peak of 2400 sounds a bit unlikely. However, reaching say, 2200? that I could see happening.

Reply
Miguel Goncalves link
25/1/2013 09:12:57 pm

may u explaind me the more infomation.....

Reply
hushashi link
26/1/2013 05:14:47 am

already badly wrong, I'm sorry to say.

Reply
UKGTE
31/1/2013 07:32:16 am

Indeed we are - so far, though you will see that, irrespective of our inaccurate long term forecast, we have made lots of money in December and January for ourselves and our subscribers.

Reply
mist
30/1/2013 01:44:13 am

I wants u guyz to breif me on hw to enter diz buisness

Reply
me
30/1/2013 09:40:12 am

this is way too conservative

when o does qe4 in2013
and he will
3600

by the way, germany ordered all their gold removed from the safety of nyc back to germany 600 tonnes

Reply
fact
30/1/2013 11:32:08 am

Because most people are so bullish, I think gold is likely to reach 1500 sometime in 2013.

Reply
UKGTE
31/1/2013 07:35:13 am

Although we find some of the predictions of $3,000++ gold rather outlandish, most people are quite negative about gold at this time. Whilst we could see 1500 very easily, we find it hard to see the price going much lower than this - economic stimulus, negative real interest rates, China and India buying steadily and central bank buying will put a solid floor under prices around 1500. In our opinion of course!

me
30/1/2013 09:41:14 am

amount of gold CURRENCY coins in circulation, not unlimited
eagles maples krugers are the ONLY thing to buy

Reply
greg
30/1/2013 12:30:00 pm

sure, they are forecasting higher prices every day. it may or may not be true, but the point is, every so called 'expert' is either trying to talk gold up or sell some to you.

Reply
UKGTE
31/1/2013 07:30:49 am

We have no agenda other than trading - whether gold goes up, down or range bound, we will trade it regardless and make money. This prediction was based on what we believed to be a likely scenario, though if you'd care to check our trading results, you will see that December and January were very profitable for us, notwithstanding this prediction did not go to plan!

Reply
termi
30/1/2013 11:08:16 pm

the world will be peace &prospority

Reply
FAFNER
11/2/2013 05:21:03 am

@ ME
DO NOT FORGET SOVEREIGNS AS WELL

Reply
Jo Jo
13/2/2013 06:22:07 pm

Here's why precious metals will continue to go up - because of "money printing." Actually they don't even bother to print it. Each month when the Fed poops out $80 billion it thinks it creates about 3,125,000 pounds of gold wealth in todays terms. But it doesn't create anything really. Eventually this "wealth" comes home to roost in higher prices of everything since no wealth was really created - just more paper for the same amount of goods. At this rate gold will be in a bull market ad infinitum with some corrections along the way of course.

Reply
Stock Trade Tracker link
9/7/2013 03:44:06 am

I enjoyed reading you post. I am sharing it with my other friends as the information is really very useful. Keep sharing your excellent work. !!!!!!!

Reply
online payday loans link
12/10/2013 07:50:28 am

All who have accomplished great things have had a great aim, have fixed their gaze on a goal which was high, one which sometimes seemed impossible.

Reply
rushpcb link
20/11/2013 01:45:59 pm

Great Post... Nice share for me, maybe nice for all reader of your post.. thanks

Reply



Leave a Reply.

    Old Posts

    August 2021
    July 2021
    June 2021
    May 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    March 2019
    January 2019
    December 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    March 2018
    February 2018
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    July 2016
    March 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011

UK Gold Trading Experts (UKGTE) is a trading name of Drupac Limited, a company registered in England and Wales (company number 09167819) whose registered office is 1 St. Paul's Square, Birmingham, B3 1QU.