Gold may be nearing a major bullish breakout as cycle signals point to a possible bottom and a long-term move toward $7,000+.

Goldman lowered its gold target to $4,900 after pushing back Fed rate-cut bets, warning a hike could drag prices to $4,400.

Forecast Cut: Goldman Sachs has reduced its 2026 gold price target to $4,900 per ounce, a $500 decrease from its prior estimate. Hawkish Fed Signals: The Federal Reserve's current rate stance and ...