Mohammad Hamzeh
@wexway
United Arab Emirates
$GOLD Gold’s Correction Marks the Start, Not the End, of Its Next Wave Gold’s recent 10–15% drop unsettled some traders, yet history shows such corrections are healthy pauses within long-term uptrends — as seen in 2008, 2010, and 2020, when new highs followed within months. With prices near $4,000 an ounce, this zone looks more like opportunity than danger, opening room for a move toward $4,700–$5,200 by mid-2026. The market now waits for cues: December’s Fed meeting, trade talks, and central-bank purchases. Support holds near $3,950, resistance at $4,381. Strong dollar or brief profit-taking may add noise, but gold’s broader path remains upward — a pause before the next surge, not the end of the journey.
Not investment advice. The author may have financial interests in the mentioned instruments.
UP 4500
100.00%
Down 3500
100.00%
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