I've noticed that gold's movement this year has been a bit strange - it started very strong in January and touched $5,600, which is a historic level we've never seen before. But then it entered a sharp correction in March, and the loss was about 12% in the same month. Now in April, it stabilizes around $4,700-$4,800, meaning it still retains a large part of the gains but is far from the peak.

The important thing is that major banks haven't stopped their positive forecasts - JPMorgan, UBS, and Deutsche Bank all expect prices between $5,400 and $6,200 by the end of the year. This means the market still sees an opportunity for continued upward movement despite the volatility. The main drivers are still present: central banks are buying, geopolitical tensions haven't settled, and the dollar is relatively weak.

But there are factors putting pressure: if the Federal Reserve raises interest rates or tensions suddenly ease, the price could drop. The issue is that you're betting on continued uncertainty and demand for safe havens. Will gold increase in the coming period? The numbers suggest yes, but the market is volatile and timing is difficult.