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Barchart
Barchart
Andrew Hecht

Why Has Gold Been Stuck in Neutral?

I asked if gold could reach another new high before the end of 2026 in an August 11, 2026, Barchart article, where I concluded with the following:

I am bullish on gold but realize that the current bearish trend could take prices lower. If gold is going to make a new high in 2026, as JP Morgan analysts expect, it will need to find a bottom soon and begin forming higher lows and higher highs, with fewer than five months left in this year.

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