Omar Ayales: Gold, Silver, Juniors Have Explosive Upside — Not Being in Trade is Top Risk

Omar Ayales of Gold Charts R Us discusses the outlook for gold from a technical perspective, saying that he sees the metal's price potentially peaking in 2026. Its past performance indicates that it could reach US$4,000 per ounce during this cycle.

He sees US$2,600 as a bullish support level for gold, with deeper support existing in the US$2,200 to US$2,300 range.

However, Ayales said there's no guarantee that the yellow metal will fall that low at this point.

"I think that we're going to see higher highs — I think the risk of not being in the move as it reaches a high is a lot more than the risk to the downside that you could experience at this moment," he explained.

❓ Are you fully positioned in gold and silver? Tell us in the comments!

This interview was filmed on November 22, 2024.

#Investing #Gold #Silver

0:00 - Intro
2:12 - Gold price to peak in 2026?
4:57 - Downside risks for gold today
6:32 - Fed, inflation and interest rates
9:18 - Investing in a Trump presidency
11:34 - When will gold juniors move?
15:04 - Next silver price level to watch
18:08 - Bull market for commodities?
20:10 - Don't be out of this move
20:57 - Outro

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