Barron's: Gold Prices Are About to Shoot Even Higher Gold has been experiencing a notable uptrend, now trading at record levels with predictions suggesting it could reach $4,000 per ounce. This optimistic forecast comes after gold demonstrated a solid bullish reversal, notably overcoming the $1,940 mark without dipping below $1,900, which signaled a buying opportunity. Despite a period of stagnation following an inability to sustain a close above $2,100, a bullish reversal in late February marked a significant improvement in gold’s technical outlook. The close above $2,200 has further solidified projections that gold prices could soar to between $3,600 and $4,000, backed by its long-term bullish base and higher high-level consolidations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Consumer Confidence Edges Up in July, but Economic Concerns Persist READ MORE Record-Breaking Value: Paris Olympic Gold Medals Worth $900 READ MORE Citi's Bullish Forecast for $3,000 Gold in 2025 READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing Expectations READ MORE Crude Prices Dip Below $75 Amid Ceasefire Talks Between Israel and Hamas READ MORE Add a Comment Cancel replyYour email address will not be published.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