Yatogi Takakiaki 「Weekly Gold Market Outlook」 May 19, 2025 issue

Mr. Takashi Kabuki, President and CEO of Kabushiki Kaisha Investment Daily News, and a master of cycle analysis, writes weekly the gold market outlook report.

This is the gold price outlook report authored by him.

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Last week, New York gold (near-month) fell to 3,120.73 on the 15th (Thursday), marking a low not seen since April 10. The closing price for the week was 3,187.2 dollars, modestly recovering but ending down 156.8 dollars from the previous week. From a chart formation perspective, a double top appears to be a beautiful pattern, but the critical breakout point lies around 3230–3250 dollars. While prices remain below this level, they indicate that the short-term cycle has topped out. The question is how long this short-term cycle will last, which will also be the theme for next week. Compared with April, when the outlook was cloudier due to President Trump’s tariffs, the financial markets have regained considerable calm now that the U.S. and China tariff terms have been settled. The chart refers to the VIX (fear index), which peaked when the Trump tariffs caused a major market upheaval on April 7. Since then it has fluctuated but is now almost back to normal.

Please see the continuation in the PDF file.

【Takashi Kabuki — Profile】
Graduated from Kwansei Gakuin University, Faculty of Economics. In 1995, partnered with the world-renowned U.S. market analyst Raymond Merriman and launched the domestic first market cycle and astrology report. He is well regarded for market analysis that leverages cycles and astrology. President & CEO of Kabushiki Kaisha Investment Daily News; President of Investment Daily News Publishing Co., Ltd.; member of the Japanese Technical Analysts Association; Editor-in-Chief of ‘Investment Daily News α’.

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