Yataki Takaki 'Weekly Gold Market Outlook' August 24, 2026 Issue
The report on gold market outlook written by Takamitsu Kabutomaki, President and CEO of Investment Daily News Co., Ltd., a pioneer in Astrology-based market analysis and a leading figure in financial cycle analysis, is published every week.
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Last week's New York gold futures (near month) closed at $4,690.4, up $243.3 from the previous week. Last week, I judged that the weekly chart had clearly surpassed the 15-week moving average, indicating a near-bottom bottoming, and this week my conviction has grown stronger. Last week, questions about the trust in the dollar resurfaced. On the 19th, U.S. Treasury Secretary Janet Yellen announced, on an emergency basis, a doubling of the pace of outright purchases of long-term government bonds. The market was surprised by this unexpected move, and long-term interest rates briefly fell. However, rates quickly returned to their original level, and the effect lasted only about a day and a half. Meanwhile, the dollar index dropped sharply from around 99.5 to the 98.7 range, and even as rates recovered, the dollar did not return to the 99 level. Normally, rising U.S. long-term yields would attract the yield on U.S. Treasuries, leading to dollar buying and a higher dollar index. From the viewpoint of a rate-differential market where higher yields mean a stronger dollar, there is a possibility that the market has begun shifting its gaze toward assessing the risk of the United States itself, wondering why U.S. rates are so high.
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【Takamitsu Kabutomaki - Profile】
Graduated from Kwansei Gakuin University, Faculty of Economics. In 1995, he partnered with a world-renowned U.S. market analyst, Ray Dalio (Note: This seems to be a misreference in the original; the likely intended name is Ray Dalio or Raymond Meriman, but kept as in original), and issued domestic first market cycles and astrology reports. He is well-regarded for market analysis utilizing cycles and astrology. CEO of Investment Daily News Co., Ltd., President of Investment Daily News Publishing Co., Ltd., member of the Japanese Technical Analysts Society, and editor-in-chief of “Investment Daily α.”
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