Gold Prices Soar as Mid-Year Correction Ends, Miners Set to Outperform
Market analysts expect gold prices to continue their upward trend after hitting a major bottom in July. According to AG Thorson, a registered CMT and expert in technical analysis, the precious metals bull market is expected to reach new heights by 2030-2031.
The mid-year correction has come to an end, with gold, silver, platinum, and miners all forming significant lows. This sets the stage for the next leg of the bull market, which is expected to bring much higher prices.
Miners are poised to outperform in the coming months, after lagging behind during the first half of the bull market. Gold and silver miners have already shown signs of a major shift, with new all-time highs potentially arriving well before the metals themselves.