TechFlow, October 6 — According to Jinshi Data, Phillip Nova analyst Priyanka Sachdeva stated in a report that for gold prices to firmly sustain above the $4,000 per ounce level, a "structural breakout" might be required. Gold prices have already surpassed $3,900, hitting a new record high, and are poised to move further toward $4,000.
Sachdeva believes that continued global economic slowdown, rising fiscal pressures, and policy weakness will keep driving safe-haven demand, supporting gold's upward momentum. However, she noted that a convincing breakthrough above $4,000 may require new catalysts—such as a sharp global economic downturn, deeper geopolitical fractures, or a clear policy shift by the Federal Reserve. "As markets approach all-time highs, investors should prepare for increased volatility."
