gold outlook for the rest of 2022
Gold has been on a downtrend for a long time due to USD strengthening, in my opinion the price is being manipulated as the us economy is in shambles and usd is in big trouble. CPI data from June showed no slowing on rising inflation which means we might have another 0.75% rate hike at the end of the month so gold might push a bit lower before the next pump, July's data is expected to be positive so gold could pump up towards the end of August. First target being 1763 then 1800
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