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Gold Toward $5,000! Goldman Raises Target to $5,400. Still Upside?
Gold continues to surprise markets. Spot gold surged above $4,900/oz on Thursday, rebounding nearly $130 from intraday lows and touching a record $4,960.65. Since the start of the year, gold is already up 15%, with gains exceeding $600, underscoring demand far stronger than previously expected.
With gold rebounding aggressively from intraday lows, is momentum still firmly intact?
After a 15% monthly gain, how much upside remains before positioning becomes crowded?
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