GOLD: Gold price forecast

By around September, the Fed may reduce interest rates. A declining USD will pull gold prices up.

Gold is also supported by inflation and escalating prices in many countries around the world. Asian and European countries are struggling to control their currencies from plunging.

Many experts also mentioned the possibility of inflation in some countries. If this happens, gold will continue to be an important storm shelter.

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GOLD BUY 2305-2308

TP1: 2312
TP2: 2316

SL: 2300