Gold just dropped to around $4,900, but analysts say the bullish trend remains intact — and this matters for crypto too.
According to Goldman Sachs, gold could still reach $5,400 per ounce by the end of 2026, despite short-term pullbacks.
This suggests the current decline is likely a correction, not a reversal of the broader uptrend.
Gold and Bitcoin often move together during macro uncertainty. When institutional investors accumulate gold as a hedge, it signals continued demand for hard assets — and crypto typically benefits from the same capital flows.
If the gold bull trend continues, it reinforces the narrative of capital moving away from fiat and into scarce assets. This is not bearish. This is consolidation inside a larger macro trend.
Smart money watches gold. Smart money prepares early.
Source: Yahoo Finance