Gold and Silver Prices Poised for Significant Drop: Expert Levels Revealed, Crude Oil Irrelevant
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Gold, Silver Prices to Plunge: Expert Predicts Sharp Decline, Major Buying Opportunity
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News18•02-04-2026, 18:03
Gold, Silver Prices to Plunge: Expert Predicts Sharp Decline, Major Buying Opportunity
•Market technical analyst Avi Gilburt warns of further significant declines in gold and silver prices.
•Gold could fall below $4,000, potentially reaching $3,800, representing a 20% drop from current levels.
•A more deceptive path suggests gold could first rise to $5,200 before a sharp decline begins.
•Silver prices could also fall to $53.50 if they remain below their March high.
•Gilburt sees potential long-term buying opportunities for investors if prices find strong support after the fall, with silver below $60 being an excellent entry point.