Kabuki Takaaki, "Weekly Gold Market Outlook," June 22, 2026 issue
Takamura Co., Ltd. Investment Daily News Company President and Chief Executive Officer, a pioneer in Astrology-based market analysis,
is contributing weekly to the gold market outlook reports by Takaki Kabuki, a leading figure in financial cycle analysis.
This is the report.
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※ The report for next week will be issued on June 30 due to circumstances.
New York gold market (front month) closed up $7.10 from the previous week at $4,245.90. The previous low was June 11 at $4,046.20, the lowest in seven months. In February, March, and now for the third time this year, a low was reached, and the pattern is a downsloping high/low bear market; however, to look for a bullish trigger, one should not exceed the June 11 low and should break above the June 17 high of $4,382.13.
Last week's comment was as follows.
“The chart shows a beautiful triangle breakout in a chart formation. A follow-on buy would occur until the triangle is broken to the downside.” Unfortunately, it briefly broke to the downside on the 19th. It may be viewed as a dip, but updating the June 11 low would again become bearish. However, given previous formations, after a low, there are patterns where it immediately rebounds, so a downward wedge cannot be ruled out. The outlook remains somewhat unclear, but in the medium to long term, as stated last week, it is bullish. “It seems to be caused by the end of the war → lower crude oil prices → reduced inflationary pressure → increased expectations for rate cuts.”
Please see the continuation in the PDF file.
【Takaki Kabuki Profile】
Graduated from Kansai Gaidai University, Faculty of Economics. In 1995, he partnered with the world-renowned American market analyst Raymond Merriman to publish Japan’s first market cycle and astrology reports. He is known for cycle and astrology-based market analysis. President of Investment Daily News Company, President of Investment Daily Publishing Co., Ltd., Member of the Japan Technical Analysts Association, Editor-in-Chief of ‘Investment Dailyα’.
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