If gold surpasses this critical threshold, the rise will be guaranteed! The famous economist gave the number

Saxo Bank Head of Commodity Strategy Ole Hansen said gold’s rally would be confirmed as durable only if prices break a key threshold, adding the bank’s outlook to recent forecasts from the World Bank, UBS, Reuters and WisdomTree. The call comes as gold extends an upward trend, with traders focused on whether it can clear that level and hold above it rather than merely touch it. Hansen’s threshold is the figure to watch: a sustained break would signal the move has shifted from a tentative advance to a confirmed uptrend, while a failure would leave the rally unproven. Saxo’s view adds to a growing set of bullish bank and institutional projections, reinforcing the market’s focus on the next technical trigger.