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Gold, New Highs Before Year-End?

Gold, New Highs Before Year-End?

In the past few sessions Gold has been under the spotlight, with prices going from 1680 dollars to 1780 in just two weeks.

The massive global fiscal and monetary stimulus is starting to show in the data, with the increasingly concrete possibility of a return of inflation .

This is no longer hypothetical: the data of April 13, in fact, was very clear.

The Consumer Price Index ( CPI ), which measures the changes in the prices of goods and services, excluding food and energy, is the key instrument for measuring inflation in the United States.
The index registered a +0.3%, beating analysts' expectations.

On April 13, I opened a great position, as you can see in the image. I gave a buy signal on gold , with the inflation numbers that really helped out.

https://cdn.shopify.com/s/files/1/0065/8856/3508/files/Cattura_a75c655c-9373-4d39-958e-43f3fba4bab3_480x480.jpg?v=1618823397

Shortly I'll also give a target.

As usual, to trade Gold I used my platform that, with a margin required to carry out the operations of only 0.25%, allows me to manage my equity in an optimal way.

Below, you'll find more information on ho to follow me.

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