Key highlights:
- Gold has formed a pattern like the 2013 wave, with decreasing highs being formed after a solid move towards 2026.
- The gold price has fallen by more than 25% from its high, thus moving into a deep correction phase like other bear waves.
- There is a macro effect due to the hawkish stance of the Federal Reserve, ETF selling, and rising real interest rates.
The , the price could move toward $3,841.39 over the coming weeks, as traders continue to assess whether the current correction phase still has room to extend or begin stabilizing near key support zones.
Source:: Gold Price Forecast: Analyst Warns of 2013 Crash Repeat as 24% Drop Already in Play