Gold price has finally mellowed its pace after emerging as the breakout asset of 2025. The metal is now on cards to trade at higher price realms, breaching possible predictions of it claiming $4200 in the near future. However, the present consolidation in gold price is being regarded as a good buying opportunity by analysts, stating how the metal may soon embrace the breakthrough momentum again.
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Good Time To Buy Gold
The gold price is now consolidating after claiming multiple new ATHs this year. The metal’s soaring demand and popularity stats have pushed gold to break the $4K mark, but the recent USD value upswing has halted its progress a little.
“Markets bounce, and the dollar index keeps rising. Seems the market’s crowded trade against the US dollar needs to unwind further.”
At the same time, analysts have shared an update on gold, adding how its price seems to be undergoing a mild consolidatory phase. Per Peter Spina, a notable finance expert, gold consolidation at present can be a good buying opportunity for investors to explore for a brief period of time.
“Gold’s price rally is on hold. It’s consolidation time. The bull is resting. Energy has cooled off some, and huge gains are averaging higher as the market is showing strength in the upper $3Ks. It’s possible to see more sell-offs in the weeks ahead. Good buying opportunities are emerging.”
Next Possible Target For Gold?
According to Rashad Hajiyev, a leading finance expert, the gold price is currently testing the upper band of the rising 2.5-year band. If successful, it could easily breach the $4K mark to sit at a new price of $4900.
“Gold tested the upper band of a 2.5-year rising channel on October 28th, 2025, and I believe that was the low. My next target for gold is $4.9k… This post is not investment advice!”
Moreover, Hajiyev believes the precious metal rally may continue to take over the markets in its next phase.
“I think precious metals are setting up for the final parabolic run in the present cycle. Gold could reach $5k and silver $85. These levels could be achieved within 5-6 weeks. The trigger could be the Fed initiating QE, a geopolitical event, a bank crisis, or something completely unexpected. The final parabolic run of the cycle is very steep and fast. Could start in November… This does not mean that the bull run will be over once gold and silver top, but rather a very prolonged consolidation could start.”
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