Gold will collapse, falling to 2510

2 days ago

In a month, gold prices have surged 7.38%,
Reached a record high of $2,685.
But the price will hit $2,510 next month. There will be a lot of volatility adjustment time during this period, but the general direction is 2510.

4 hours ago

Trade active

While the knee-jerk conclusion after the CPI report was negative (bad jobs + rising prices = stagflation), it is unlikely that the Fed will take a "radically different" view after the report. Since FOMC rhetoric has shifted aggressively toward employment recently, Powell and his colleagues will likely spend more effort assessing the preliminary data than the CPI. Moreover, the moderation in housing inflation is a potentially positive development.