Central banks across Asia to the Middle East continue to accumulate Gold at a record pace. Meanwhile, geopolitical fault lines – from Eastern Europe to tensions around China – provide a steady undercurrent of uncertainty that structurally supports demand.
“Every driver that pushed Gold to record highs is still in place,” Hansen notes. “If anything, they’re intensifying.”
Hansen describes the current phase as an “accumulation phase” – a technical reset that shakes out leveraged speculators and hands control back to long-term players. “When liquidity shifts, weak hands sell. Strong hands accumulate. Corrections like this don’t end bull markets – they prepare them for the next advance.”
Smart Money Keeps Buying the Dip
The data reinforces that view. Even during the sharpest drawdowns, institutional inflows into Gold have remained resilient. This type of demand is strategic, long-term and largely indifferent to short-term volatility – a powerful anchor beneath the market.
“Traders shouldn’t confuse consolidation with completion,” Hansen cautions. “Markets rarely move in straight lines. When this phase ends – and it will – the next advance could make today’s prices look cheap.”
Gold at $6,000 Is More Likely Than $4,000
Over the past 15 years, The Gold & Silver Club has built a reputation as the most accurate forecaster of Precious metal prices, a record well documented across leading financial publications and institutional research reports. The firm’s proprietary models have consistently pinpointed major turning points in both Gold and Silver – earning GSC recognition as a trusted authority among institutional investors and private wealth clients alike.
The Gold & Silver Club’s in-house models project a base-case target of $6,000 for Gold within the next 12 months – a level Hansen calls “conservative.”
Wall Street is moving in the same direction. Goldman Sachs, UBS and Bank of America see prices approaching $5,700 by the end of 2026, while JPMorgan has floated longer-term projections as high as $8,000 an ounce, driven by an accelerating global rotation into hard assets.
The Last Cheap Entry Before Lift-Off
After smashing through $5,600, Gold’s retracement is not an ending – it is a reset before ignition. For patient traders and investors, this period may prove to be the final opportunity to build exposure before the next historic breakout.
“Gold has rarely looked this asymmetric,” Hansen says. “Yes, we’re in a correction. But in the midst of chaos lies opportunity. Dips like this aren’t a warning – they’re an invitation. The real question isn’t whether Gold has peaked. It’s how much longer this window stays open before the next historic breakout begins?”
