Breakouts have coincided with positive news in AI deployment in healthcare and finance, increasing cross-sector momentum for the company. This trend is also shaping up on the back of the Fed’s plans for a rate cut later in the year, as the gold prices usually have an inverse relationship with the market interest rate. As such, the rate cut that is expected to occur somewhere in September is also helping analysts forecast the precious metal’s price increase in 2024. 5 Hot Stocks to Buy Now: October's Top Picks With Major Upside Technical traders eye AGI stock forecast patterns where support is firmly set at $13.
