Gold price has been showing a volatile momentum, or rather a slow price pace, as opposed to its earlier price rallies and surging price ranges. Gold price has especially slowed down at a time when war is wreaking global havoc, a time when assets like gold surge due to their safe haven appeal. Why is gold behaving strangely?
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Experts Say Current Gold Prices Are a Menace but Not for Long
Gold’s current price behavior is confusing markets as well as experts watching the asset make its move. In a new striking insight shared via X, Rashad Hajiyev admits how gold’s strange price behavior is tricking consumers, making them see that the asset is falling when in fact it’s preparing for the long haul. Per Hajiyev, gold seems to be confusing investors, as its price is dimming in the wake of a stronger US dollar but is actually preparing to make its ultimate move, the one that puts the asset in the center of it all.
“Gold continues to fool around and trick the public into believing that war is bad for gold and that it is not going higher. In reality, the opposite is true. Keeping gold suppressed for too long won’t be possible in my opinion. It is just a confusion tactic. Exactly when investors lose patience and hope completely, gold is going to turn up like there is no tomorrow…”
Moreover, Hajiyev has shared how gold is in fact eyeing a major new price move, printing a new triangle formation, hinting at a possible price surge.
“Gold’s classic textbook triangle formation is likely to break out higher already next week. After a recent run, gold needed to consolidate some time before continuing the bull run. A new leg up is about to resume soon…”
Major Price Targets to Watch
According to Hajiyev, gold is walking a slow yet steady path to $7K to $8K, as it continues to project a forward motion.
“Gold’s massive triangle is about to break out. A previous similar breakout in August of 2025 resolved with a 63% gain over a 5-month period. Upon breakout of the present triangle, my $7k to $8k targets could end up being quite conservative…”
However, market giants like Goldman Sachs and JP Morgan believe gold may hit $5400 and $6300 by the end of 2026, respectively.
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