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‘The bull trend will resume’ and ‘you want to scale into a long position’ as gold price nears $4,000 pre-FOMC – Goldman Sachs’ Kim
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(Kitco News) – The gold market’s relative underperformance since February is not a failure of the bull market, but merely a pause, and the yellow metal has fresh all-time highs in its medium-term future, according to Anthony Kim, Global Head of Metals Trading at Goldman Sachs.Kim was asked on Goldman’s The Markets podcast whether gold’s all-time high of $5,589.38 per ounce in late January was the top of the current cycle.
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