More proof that predictions for the market are just wild guesses:
"gold kept rising, and analysts repeatedly raised their targets"
It has been shown that the predictions always err on the safe side and almost always are wrong.
So take it with a pinch of salt, take the news and predictions in context, but do your due diligence.
With a loose cannon as the us president, gold will be shining very bright, it sounds wild for the 5000, but now even 6000 sounds possible.
Gold Rebounds Strongly! Is the Bull Market Back on Track?
After two days of sharp selloffs, gold and silver staged a strong rebound. Spot gold climbed back above $4,800/oz, rising more than 3% intraday, while silver surged 5% to reclaim the $83 level. The bounce comes amid extreme volatility across risk assets, as investors reassess positioning after forced liquidations and margin stress earlier in the week. Is this rebound signaling a renewed rally? Or are gold and silver still vulnerable to further volatility ahead?
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