Analyst Unveils Massive Upside Price Target for Gold, Says Precious Metal Entering Parabolic Blow-Off Phase - The Daily Hodl

Gold (XAUUSD) & Silver Price Forecast: Metals Hold Gains as Fed Cuts Loom and Dollar Slips

Gold holds firm above $3,300 as Fed rate cut bets rise; silver steadies near $33.40 amid weak dollar and macro uncertainty.

Analyst Unveils Massive Upside Price Target for Gold, Says Precious Metal Entering Parabolic Blow-Off Phase - The Daily Hodl

A closely followed analyst believes that gold’s bull market has entered a stage where the precious metal could go higher for longer. Pseudonymous analyst Dave the Wave tells his 149,500 followers on the social media platform X that gold is at a point in its parabolic rally where the precious metal could easily print 2x gains. The trader shares a chart suggesting that gold’s parabolic surge began in 2016 and could extend up to 2028 to hit a massi…