Barron's: A New Buy Signal For Gold Gold has shown promising signs of continued momentum, with recent technical indicators reinforcing bullish sentiments. After initially highlighting a bullish reversal in October 2023 and issuing a buy signal, the recommendation was adjusted to neutral in December when gold failed to maintain a close above $2100. The metal’s trajectory is now set on breaking out of a four-year base, potentially entering a new bull market with targets of $2400 in the short term and, following a monthly close above $2200, long-term projections range between $3600 to $4000, signaling strong buyer control and diminishing selling pressure. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Why I Took Physical Delivery of My Tesla Stock Certificates READ MORE Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE JP Morgan: Is It a Golden Era for Gold? READ MORE Fed Expected to Hold Rates Steady READ MORE De-Dollarization: Cross-Border Payment Platform to Include Currencies from Pakistan, India, and Chin READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment