Bull run to resume once middle east tensions ease
- Matthew Keen

- Jun 3
- 1 min read
In this interview we discussed what was likely to happen to the gold price after the regional conflict dissipates.
My view is that the bull market will resume for gold, mainly on the basis that institutional investors are still only getting started in their accumulation strategy for gold.
The extreme volatility earlier in the year caused a “sit and wait“ approach, which saw gold trend sideways to lower in the last few months.
This morning we saw gold plummet to 4360 before sharply rebounding. It is possible that this will represent a low marker for the remainder of the year with 5200 an upside target.
%20(1).png)


Comments