With major financial institutions expecting the gold price to sear up to 3,100 - 3,200 USD per 1 oz., I personally think that is a very optimistic scenario. Considering both geopolitical and economical factors that are looming ahead, the most likely nearest stop seems to be around 3,600-3,800 USD / oz. As the investors brace for volatile and uncertain times.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.