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Gold (XAU/USD) Price Could Explode 60% as Trump's Dollar Policy Sparks $5,355 Frenzy
Gold (XAUUSD) consolidates near key support as WisdomTree predicts explosive price action. Base case targets $3,850/oz by Q2 2026, but a "Mar-A-Lago Accord" scenario could trigger a 60% surge to $5,355/oz if Trump pursues dollar debasement. Gold's been stuck between $3,180-$3,400 since hitting $3,500 in April, but WisdomTree sees this as "loading the spring" for something big. The $3,180 floor sits on the key 76.4% Fibonacci level, with strong support expected around $3,024 if we dip lower. This consolidation pattern often precedes explosive moves, especially with current macro conditions aligning for upside. ... (full story)
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