Despite global tensions, gold's recent price performance remains weak. Analyst Rashad Hajiyev believes this is a "deception strategy," signaling an imminent major breakthrough in gold prices. He points out that gold prices are displaying a classic triangular pattern, indicating that gold is about to surge, with target prices between $7,000 and $8,000. This contrasts sharply with predictions from Goldman Sachs and JPMorgan Chase, which separately forecast that by the end of 2026, gold prices will reach $5,400 and $6,300 respectively.