Gold Ain’t Done Yet: $5K Is Next

Gold 5000

"We've been bullish on gold since it broke out above $2,000 per ounce at the end of February 2024. It has been trading in an upward channel since then. It soared to $2,600 by the end of last year. In recent days, it has jumped to a record $3,300, which is the upper end of the channel. Our $4,000 target by the end of this year looks increasingly realistic. If that happens, then $5,000 would be our target for the end of 2026"