Ten markets. Three reads a day. Forty years behind every line.
Karsten Kagels has traded gold, indices, forex and commodities since 1986. His forecasts, published openly in German since 2015, are now in English. Every read names the levels that confirm it and the levels that cancel it, so you can act on it or check it.
No signals for sale, no hype. Chart technique and COT data, published in the open since 2015.
Today's forecast board
Updated morning, midday and after the close. Frankfurt and New York hours.
The method
How a forecast is made.
Chart technique
Support, resistance and trend structure, marked directly on the TradingView chart. Classical technique, no indicator soup.
COT data
The weekly positioning of commercial hedgers and large speculators, read against the price action before every call.
Levels, not opinions
Every forecast names the level that confirms it and the level that cancels it. Anyone can check the record.
Gold, daily chart. The three marks every Kagels forecast carries.
Why Kagels
Four decades at the charts. On the record since 2015.
First trades
Gold and currencies, learned bar by bar. The chart habit that never stopped.
On the public record
kagels-trading.de launches. Every forecast published in the open, in German, where anyone can check it.
The English desk
The same board comes to English at kagels-trading.com. Same desk, same method, new language.
Latest from the desk
Written today, not this quarter.
Forecast updates and education from Karsten and his team, in the order they left the desk.
Desk notes
Gold holds the 3,318 pivot, bulls keep the upper hand
The morning dip below 3,340 was bought within the hour. As long as the pivot holds on a closing basis, the path toward 3,380 stays open.
What the COT report says about fund positioning
Large speculators cut net longs for a third week while the index made a new high. That divergence has a history worth knowing before the Fed minutes.
Silver leads the metals into the US open
A 1.1 percent gap on strong European volume. 38.60 is the next decision level on the daily chart.
Start here
How to read a COT report in ten minutes
Commercials, large speculators, open interest. A plain-English walkthrough with a gold example.
Support and resistance, the Kagels way
Why fewer, older levels beat indicator soup, shown on real charts.
What a forecast update actually contains
The anatomy of one Kagels read: bias, levels, invalidation, timeframe.