Jobs data better reflecting reality will be bullish for gold; traders will expect a lower federal-funds-rate trajectory ahead. Gold stocks will soar on resulting higher prevailing gold prices.
A range trade for gold could see the miners and silver stage numerous 20% surges in 2025. Compounded, investor profits from the action could be stunning!
Gold is certainly not acting in a bullish mode just yet. The market has to get back over the $2681 level to convince the market there's more upside left in this.
So, before you begin to give any weight to the fact that Wall Street analysts are all very bullish for 2025...I think you should consider how often they are wrong.
