GOLD ISN’T DONE YET: $XAU EYEING $5400 🚨
Goldman Sachs is still bullish on gold, forecasting a move toward $5,400/oz by end-2026 as central banks keep buying and the Fed is expected to cut rates twice more this year. The bank warns of near-term tactical downside, with a possible dip to $3,800 if energy shock risks worsen.
Stay locked on official-sector demand and macro liquidity. If sovereign buyers keep absorbing supply, this trade can reprice fast. Watch for pullbacks, not panic.
I think this matters now because the market is still underpricing how hard central banks can lean into gold when confidence in traditional reserve assets weakens. That creates a strong asymmetry: short-term noise, longer-term squeeze.
Not financial advice. Manage your risk.
#Gold #XAU #Commodities #Macro #SafeHaven
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