Currency Gold's Anticipated $2500: Bullish Momentum Jeopardizing USD Prestige?
Is currency gold headed for $2500? Market sentiment remains bullish for gold, with many experts projecting further price increases, as seen on 3 de sept. de 2025. But could this continued rally jeopardize the U.S. dollar's prestige?
Gold's Bullish Outbreak: A Threat to USD Dominance?
With Gold’s recent bullish outbreak, it is now coming out of its consolidation phase and entering a positive uptrend. The price has already breached the $2,100 mark, leading analysts to forecast further gains. This surge is fueled by several factors, including the ongoing weakness in paper currencies, particularly the U.S. dollar.
Technical Outlook: Is Bullish Momentum Faltering?
However, Gold's technical outlook suggests weakening bullish momentum, with the RSI at its lowest since February and XAU/USD potentially facing a correction. Key support lies at $2,530-$2,500, with further downside possible. While the long-term trend remains positive, short-term volatility is expected.
Macroeconomic Factors Driving Gold's Rise
Beyond geopolitical turmoil, macroeconomic factors have also played a crucial role in sustaining gold's bullish momentum. The cooling inflation rates and anticipated interest rate cuts by the Federal Reserve are creating a favorable environment for gold. From mid-December to February, the precious metal experienced a remarkable price advance of $343, showcasing its underlying strength and potential for further upside.
Recession Risks: A Catalyst for Gold?
One key reason gold’s bull market is gaining momentum again is the increasing risk of a U.S. recession. Recessions are typically bullish for gold, as they lead to increased demand for safe-haven assets. Major banks expect gold to extend its record-breaking price rally into 2025, as noted on 24 de sept. de 2025, because of a revival in large inflows to exchange-traded funds (ETFs) and expectations of further economic uncertainty.
Gold's Key Inflection Point
After breaking the $1,680 inflection point, gold confirmed its bullish momentum and moved into higher price zones. The inside bars of 20 indicated strong buying pressure. Will this continue and propel gold towards $2500, potentially at the expense of the USD's global standing? This remains to be seen, but the current trend suggests a significant shift in the balance of power.