Gold's strategic setup looks decisively bullish, though near-term price action may stay choppy before the bigger move unfolds.
That's the takeaway from research published this week, which compares the current intermediate-term correction to historical post-breakout setups in 1973 and 2006 — both of which eventually resolved sharply higher. The core thesis one camp of analysts is putting forward: a significant rotation of capital out of tech equities and into precious metals will be the catalyst, with a price target of $7,000–$9,000 per ounce over the next two to three years.
In the meantime, the published view expects sideways or consolidating action. But researchers argue that's a feature of early-cycle bull market corrections, not a sign the trend is breaking down. Translation: dips here are being framed as part of the setup, not the reversal.
As always, this is what outside research is arguing — not a forecast or recommendation. Position sizing and time horizon matter.