GOLD → $5,400.00 by Jan 23, 2027.

I’ve been watching gold for a while, and this move doesn’t feel like a quick spike anymore. Futures pushing through $4,900 after making repeated highs in such a short time feels more like a structural shift than a trade. What stood out to me is that banks like Goldman are saying private investors are now competing with central banks for supply, mostly through ETFs, after rate cuts kicked in. Their $5,400 target for next year is aggressive, but the logic …