How High Can Gold Go?

How High Can Gold Go?

Gold prices are hitting record highs, and with more Fed rate cuts on the horizon, investors are asking: How high can the yellow metal soar? Projections vary wildly, but don’t fret—there are tools to help you gauge both the upside and downside. Technical tools like Fibonacci Extensions and Quadrant Lines can give you a clearer picture of where gold prices might head next. Will prices keep climbing, or is a pullback on the way? Let’s break it down:

https://stockcharts.com/articles/dont_ignore_this_chart/2024/09/how-high-can-gold-prices-go-th-363.html

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