During the week, the gold price briefly dipped down into the 3yr MA (+7%) support band in reaction to the CPI inflation data coming in apparently slightly higher than anticipated at 3.1% (YoY) as opposed to the expected value of 2.9% (YoY). However, its price did not stay down for long and ended the week back above $2,000 to close week. Where does it g…
© 2024 Chris Rutherglen PhD
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