Prepare For Lots Of Volatility
Agree there will be lots of volitility going forward.
Believe Gold is not even cose to a bubble stage yet but more of an immature bull market by which it is susceptibe to corrections along the way.
Players are still very suspicious whether this gold price will stay at this break out levels. But then as gold has gone through a 4-5 year of bear market from 2011-2015, for it to break out and then suddenly reverse back into a bear market is imporbable in my opinion as this ever happened before with any sector or asset class.
Meaning gold will likely yo-yo up and down but it wil stay in a bull market for the next 3-5 years at least. Per forcasts by 55 names, for the POG, $3000 is assured, $10000 is likely and $20000 is possible. As of now I choose to be guided by that $3000 mark.