mehmetwehbe
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Bullish
#gold
$PAXG
๐ฆ ANZ Bank expects gold to continue its strong rise to reach a record high in the next few years. ๐
โฌ ๏ธ Expected peak: $4600 per ounce. ๐ฐ
โฌ ๏ธ Timeline: By mid-2026. ๐
โฌ ๏ธ Main reason: The U.S. Federal Reserve adopting a policy of lowering interest rates (monetary easing), which weakens the dollar and makes gold more attractive as a safe haven amidst geopolitical concerns.
โฌ ๏ธ Position summary: Rise supported by a weak dollar and increased strategic demand.
โ ๏ธ Quick note: Other banks have different forecasts, with some expecting the price to reach $5000 per ounce in 2026! ๐คฏ
{spot}(PAXGUSDT)
$PAXG
๐ฆ ANZ Bank expects gold to continue its strong rise to reach a record high in the next few years. ๐
โฌ ๏ธ Expected peak: $4600 per ounce. ๐ฐ
โฌ ๏ธ Timeline: By mid-2026. ๐
โฌ ๏ธ Main reason: The U.S. Federal Reserve adopting a policy of lowering interest rates (monetary easing), which weakens the dollar and makes gold more attractive as a safe haven amidst geopolitical concerns.
โฌ ๏ธ Position summary: Rise supported by a weak dollar and increased strategic demand.
โ ๏ธ Quick note: Other banks have different forecasts, with some expecting the price to reach $5000 per ounce in 2026! ๐คฏ
{spot}(PAXGUSDT)
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