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Gold Price Forecast

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by , 04-19-2022 at 05:37 AM (479 Views)
      
   
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Gold prices charged higher for a second week as US CPI headlines charged the yellow metal’s inflation hedging appeal. However, the good times may not last. While inflation is at more than 40-year highs, forward expectations are beginning to ease. The daily chart is located above 200 SMA in the bullish market condition by crossing 1,981 bullish triangle pattern to above for the primary bullish trend to be continuing.

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