Gold's rallying on borrowed time. That could mean contrarians get the last laugh.
MarketWatch·2025-10-07 12:04
Core Viewpoint - The recent rally in gold prices, reaching the $4,000 level, is considered unsustainable according to contrarian analysis [1] Group 1 - The analysis suggests that the current surge in gold prices is based on temporary factors rather than fundamental strength [1] - There are indications that the market may be overbought, leading to potential corrections in the near future [1] - Investors are advised to be cautious as the rally may not be supported by long-term demand trends [1]