This incredible rally in Gold won't really end until prices reach levels above $2250. My target is closer to $2400 - but we'll see how things play out.
Overall, Gold moves in $350 price phases. From recent lows, the top of that $350 price phase is near $1985.
I would suspect a moderate pause/pullback after reaching the $1985 level. The low of that pause/pullback will prompt another $350 upward price phase.
If we assume the low of the pullback will be near $1900, then the upper target of the next upward price phase will be $2250+.
Eventually, as Gold shifts into a parabolic phase, those $350 price phases will increase..
A. $481 B. $525 C. $566 D. $700
As the speculative phase in precious metals continues, we'll see varying expansion/contraction phases until the peak is reached after 2027~28.