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 Crude Prices Dip Below $75 Amid Ceasefire Talks Between Israel and Hamas READ MORE Mortgage Rate Decline Prompts Spike in Refinancing Applications READ MORE Higher Inflation Challenges South Africa's Economic Stability READ MORE Gold Prices Soar to Unprecedented Heights Amid Anticipation of Fed Rate Cuts READ MORE ZeroHedge: Price Inflation Accelerates for Second Month as Biden Blames "Greed" READ MORE Add a Comment Cancel replyYour email address will not be published.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