According to Miles Deutscher, Goldman Sachs has updated its gold price forecast, projecting a target of $3,700 by the end of 2025, with a bullish scenario reaching as high as $4,500. This significant adjustment signals strong market confidence in gold as a stable investment, potentially impacting trading decisions and portfolio allocations. Traders may consider this bullish outlook as an opportunity to increase their exposure to gold, given its perceived safety and potential for high returns.

According to The Kobeissi Letter, their premium members have been strategically buying gold dips over the past year, with a specific alert on April 4th recommending purchases as gold fell to $3,000/oz. The prediction for a rise to $3,300 was recently realized, demonstrating the effectiveness of their trading strategy.