Ten markets, kept current.
Every entry is a written forecast: a plain directional bias, the levels that confirm it and the level that cancels it. Revised two to three times per trading day with TradingView charts.
THE GOLD DESK · FILM
Bulls defended 3,318 overnight. As long as the metal holds that shelf, the path toward 3,368 stays open. A daily close below 3,318 cancels the setup.
Grinding higher beneath 6,300. The breakout shelf at 6,240 is the first level that matters.
A minus day carried by three names. 22,600 is the support with the volume behind it.
Rangebound between 44,200 and 44,700. Waiting for a weekly close outside the band.
Strongest metal on the board. 36.90 has to hold on any pullback.
Sellers keep defending 68. Below 66.20 the correction has room to extend.
Pressing the top of a three-week range ahead of the ECB minutes. 1.1580 is the line underneath.
Back above 39,500 with momentum improving into the Tokyo close.
Heavy below 99. Persistent dollar weakness keeps a bid under the metals.
Secondary-market prints continue to cluster around a 350 billion dollar estimated valuation.
Prices are indicative snapshots from the last forecast update, not live quotes. Each forecast page embeds the live TradingView chart.
The same craft since 1986.
No black boxes and no indicator soup. Three steps, applied the same way for four decades.
Chart technique first
Support, resistance, trendlines and formations, marked directly on the TradingView chart. Classical technique, read from the price itself.
COT data as the filter
The weekly Commitments of Traders report shows how commercial hedgers and large speculators are actually positioned. Every scenario is checked against it.
Levels, not opinions
Each forecast names the level that confirms it and the level that cancels it, so you can act on it, or check it against the record.
“Every forecast names the level that would prove it wrong.”Karsten Kagels · Founder, Kagels Trading
Forty years, on the record.
Karsten Kagels placed his first trade in 1986 and has read charts through every regime since: the 1987 crash, the dot-com years, 2008 and the post-2020 markets. The chart habit never changed.
Since 2015 his German site kagels-trading.de has been a daily reference for chart-based market analysis, published in the open where anyone can check it. The English desk brings the same board and the same method to a new audience. Every forecast on this site is his own work, not syndicated content.
ANALYSIS FEATURED ON TRADINGVIEW, INVESTING.COM AND GOLDSEITEN
Written today, not this quarter.
Gold defends the 3,318 shelf as real yields drift lower
The morning dip below 3,340 was bought within the hour. While the shelf holds, the path toward 3,368 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 reading.
How to read a COT report in ten minutes
Commercials, large speculators, open interest: a plain-English walkthrough of the weekly report, with a gold example.
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