Today gold futures are approaching the $3,000 level, surging to within $35 of that key psychological level. Look at these updated gold and silver price targets.
Gold & Silver
February 10 (King World News) – Graddhy out of Sweden: Gold made another new all-time-high last week.
Silver held $30 level as I said it would for 12 weeks. Silver is now on a catch-up mission back to all-time highs. The over-shoot above the 45-year cup & handle should be massive.
45-Year Silver Cup & Handle Formation Shows Silver Coiled To Spike Through $50 All-Time High
Gold & Silver Price Targets
Graddhy out of Sweden: I have been predicting gold $3000–$3300 and silver $40–$45 is next.
And after that, gold $5000 and silver $100 is coming.
Gold had the 8 year cycle low back in 2022 (which I noted in real-time), and broke out of a 13-year bullish pattern a year ago (which I noted real-time). This means gold is only 2.5 years into this 8 year cycle, and that it broke out of a 13-year pattern base a year ago.
Gold Continues Historic Breakout To New All-Time Highs
With a bullish backdrop like that, do not listen to the ones calling for outrageously low numbers during the declines, since gold is now in a resumed, raging bull market.
Also been noting that the blue falling wedges/triangles will break to the upside. They now have. Also been stating since $2100 breakout that gold is in a runaway move, and that it will most probably not backtest the breakout. It has not.
In a very strong bull move, some technical tools and parameters stop working. If one is not able to recognize those periods, one is lost, and one e.g. calls for big downside in silver and gold the last 10-15 weeks. And that goes for most. Most have to be on the wrong side of sentiment at turns and big levels. Always. Think about what that really means for you.
The metals manipulation more or less ended when gold and silver had their huge breakouts a year ago (which posted on here in real-time). I do not think that would have happened if they were still in control.
Precious metals do not seem to care very much about the US dollar’s latest up-move. And that is what matters. Stated on Jan 14th that the US dollar has topped.
Stunning Silver Price Target
I have been stating for 11 weeks that $30 silver should hold on weekly closing basis. And it has.
Since 2019 I have said silver will go to at least $370 in this bull. And 2025 should be a very good year for silver.
Gold Price Set To Surge Another $2,000+
To listen to Nomi Prins’s remarkable predictions for the price of gold, silver, mining stocks, uranium and much more CLICK HERE OR ON THE IMAGE BELOW.
JUST RELEASED! Gold Price Hits All-Time High
To listen to Alasdair Macleod discuss gold and silver breaking out and more surprises CLICK HERE OR ON THE IMAGE BELOW.
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