As the charts show, gold looks overbought — but the final leg of this move is likely to be the most explosive. I can’t say for sure what catalyst will trigger that push, but my guess is that Trump could revalue gold’s official book price from $35 to match the market spot price. If that happens, gold could surge to around $5,700. From there, I expect a major correction, with prices retracing about 60% between April 2026 and January 2028.
This is just my personal outlook, not financial advice.
This is just my personal outlook, not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.