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 The REAL Reason Costco & Walmart Are Selling GOLD & SILVER READ MORE Gold Standard Could Be the Key to Ending Price Volatility, Fed Study Suggests READ MORE Western Demand Propels Gold ETFs to Fourth Straight Month of Gains READ MORE Opinion: Fed Should Cut Interest Rates to Avoid Economic Harm READ MORE U.S. Wholesale Inflation Steady at 0.2% in August, Core Prices Edge Higher READ MORE Add a Comment Cancel replyYour email address will not be published.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