Coin Bureau: GLD will fall

The window it was checked over

GLD closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

forecast a price range of $2,800 to $3,000 per ounce meanwhile UK Bank HSBC predicts that Gold's 2025 price will be within a range of 2350 and $ 2,950 per ounce elsewhere AZ research predicts gold's price will be around $285 per ounce and Commerce Bank forecasts that gold's price will fall to as low as $2,600 per ounce however some analysts are slightly less bullish giving out forecasts lower than gold's price at the time of shooting this this video this suggests that gold's price could be hitting a local top overall then it's a bit of a mixed bag however from our perspective The View that gold may be approaching a local top appears to hold the most weight no pun intended that's simply because much of gold's price action seems to be driven by uncertainty and the surge in investors rushing to move gold into the US ahead of potential tariffs logically then if Trump were to confirm that there will be no gold tariffs this this uncertainty would end and the flow of gold into the US would slow down significantly the same would be true if we see a lasting resolution to conflicts in places like Ukraine which would reduce geopolitical uncertainty and thus gold demand if gold's price is indeed approaching

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