(Kitco News) - Although gold continues to struggle below $4,100 an ounce as investors brace for the possibility of higher interest rates, one market strategist says the precious metal has reached a point where the downside risks are becoming increasingly limited while the long-term upside remains compelling.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.