ilmscore | Dussehra 2025 Special | Investing in Gold | Buy or Sell | CA Rachana Ranade

Predictions from this Video

Total: 9
Correct: 8
Incorrect: 1
Pending: 0
Prediction
Topic
Status
The speaker shows a monthly candlestick chart for gold and discusses its movements, implying a potential for future price action based on historical patterns and indicators.
"I'm confident it will reach $130,000 by 2025."
Gold
Incorrect
Following a significant rally, a short-term pullback or cool-off in gold prices is expected.
"So could there be some cool cool off which is expected? Ideally yes."
Gold
Correct
The current high RSI level (93) for gold indicates it's in an overbought zone, suggesting a potential for a correction.
"So it's a clear indication that yes RSI is definitely heated. It is in the overbought zone. So could we expect some sort of correction? Answer is yes."
Gold
Correct
Based purely on technical analysis, gold is in an overheated zone, and a short-term cool-off is possible.
"But if you are talking purely based on technical analysis, yes it is in the overheated zone and there are chances that in the short term there could be some sort of cool off."
Gold
Correct
Beyond short-term fluctuations and festival demand, there are fundamental reasons that could drive a gold rally over a 1 to 3-year perspective.
"But then you might wonder that in spite of all these scenarios if if gold were to go up barring festival seasons and all these is are there any other other reasons Answer is yes and because of which gold could continue the rally if I'm talking about a 1 to threeyear perspective not immediate short-term perspective"
Gold
Correct
There is a growing discussion about de-dollarization, where countries may reduce their reliance on the US dollar and focus on developing their own currencies.
"everyone is now talking about a concept which is something close to detoization where countries may give lesser importance to dollar and they may say oh let's build a a currency of our own"
De-dollarization
Correct
Anticipated interest rate cuts are expected to weaken the US dollar, which would likely increase demand for precious metals like gold and silver, thereby driving up prices.
"Point number two is expectations of rate cut. Whenever there will be rate cuts of course dollar is going to weaken with this priority for metals like of course gold or silver also in that case the demand shifts. If demand is higher price will be higher. So that could be the second reason."
Gold
Correct
Geopolitical uncertainty and political instability are driving investors towards safe-haven assets like gold, which is expected to further increase demand in the medium term.
"And third reason of course with political uncertainty with global geopolitical uncertainty uh in such cases everyone wants to park their funds into safe havens safe asset classes and needless to say that gold is definitely one of them and that is the reason why demand could further climb in the medium term."
Gold
Correct
While a short-term pullback in gold is expected, the rally is predicted to continue in the medium term (1-3 years) or longer.
"If I'm talking about short-term ideally pull back expected but if you're talking about a medium-term maybe 1 to 3 years or maybe slightly longer than that the rally still can continue."
Gold
Correct