The gold price forecast next week anticipates choppy moves as hedge funds adjust positions following dovish comments from key central bank officials in both the U.S. and Europe. Back in January 1980, when the billionaire Hunt brothers attempted to corner the market in silver and drove the price up to almost $50 per ounce , exchanges took action to prevent the monopoly bid and suspended trading, When the market reopened fully in March of that year, the price crashed to $10 on “Silver Thursday”. AG Thorson is a registered CMT and expert in technical analysis. He believes we are in the final stages of a global debt super-cycle that will begin to unravel in 2020. For institutional outlooks, gold price forecast next week suggests value accumulation zones between $2,320 and $2,330, ideal for mid-term portfolio diversification in uncertain macro climates.
