Gold has posted solid gains so far this year, but investors looking for further upside in 2018 might wind up disappointed.
Technical analyst Taki Tsaklanos of Investing Haven published a piece recently outlining the bearish case for gold next year, which he believes is the most likely scenario for the yellow metal:
Our best gold price forecast for 2018 is that the $1000 level will be tested, and that gold trades moving either near resistance or near suport within its long term channel.