ilmscore | Breakout Stocks & Rally in Gold | CA Rachana Ranade

Predictions from this Video

Total: 8
Correct: 3
Incorrect: 5
Pending: 0
Prediction
Topic
Status
A&Z predicts gold to reach $3,800 per ounce by mid-2026, with a potential for $4,000 by mid-2026.
"A&Z has given the target of $3,800 per ounce gold. Same target that we just derived right now. But he's saying this may happen by mid 2026, maybe even 4,000 by mid 2026."
XAUUSD
Incorrect
Goldman Sachs has set a price target of $5,000 per ounce for gold.
"Goldman Sachs has given a target of $5,000 per ounce."
XAUUSD
Incorrect
JM Financial anticipates a 10% upside potential for gold prices.
"JM Financial says 10% more upside."
XAUUSD
Correct
Global uncertainty and central bank gold purchases are expected to drive gold prices higher.
"More and more global uncertainty will pump up the prices further. Central banks are still buying gold."
XAUUSD
Correct
Gold is likely to continue its upward trajectory, potentially with some sideways movement or consolidation, but overall expected to go higher.
"considering all these points there are great chances that gold will keep on uh its current uh trajectory may not be as fast as as it may go uh a little bit of sideway I mean it may just go higher maybe consolidate a little bit go higher"
XAUUSD
Incorrect
The monthly RSI reaching 88.5 suggests gold may be overheated and could experience a correction, similar to historical instances when RSI was high.
"on a monthly basis right now. Where is it? 88.5 absolutely you are right current is 88.5 here you can see it was at 84.6 six but though RSI came down sharply from here. So for example, you see our RSI came sharply down from here but gold was in kind of a I mean gold did not come that sharp yeah to some extent it did actually how much percentage is that 20% monthly chart okay so 84 was a high uh this is what um oh this is 2008 again. So he has a point where RSI is extremely high right now on a monthly chart. So is it overheated as per as per RSI on a monthly chart? Yes. Yes. Looks so based on RSI only."
XAUUSD
Incorrect
Even if gold retests its previous resistance level, the drop is not expected to exceed 5-5.5%.
"there could be even if gold were to retest the current the the earlier resistance level still it will be like what five 5% five five and a half% drop doesn't see more than that."
XAUUSD
Incorrect
Gold is predicted to be bullish in the short to medium term.
"But in the medium-term short to medium term definitely it it looks bullish"
Gold Price Prediction
Correct