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$4,000 Target in Sight as Gold’s Breakout Just Beginning, Says Market Strategist
The gold market’s months-long consolidation has frustrated many investors, but for anyone who has been waiting to jump in, now could be the time, according to one market strategist. In an interview with Kitco News on Aug. 28, Michele Schneider, Chief Strategist at MarketGauge.com, said there is no telling how high gold prices can go. She was looking for an imminent break above $3,500 an ounce last week. “We have been waiting for a spark to ignite gold, and when we look back, we will see that this was the time,” she said. “From a technical perspective, the longer a consolidation phase persists, the stronger ... (full story)
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- Sep 2, 2025 3:41pm Posted byFundamental Analysis340
