So... CPI numbers were what we expected, and gold's getting some good vibes. Inflation's on the rise for the second month, plus jobless rates are creeping up. This could really freak investors out about stagflation. Gold just broke through some serious resistance, aiming for those $2,720s.
Gold and Its Future Price Movements
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I reckon it might even hit $3,000 by year-end. Just gotta see how things play out… Another cut from the Feds could spice things up too.
I doubt it’ll take off too fast. Seems to me gold’s gonna chill in a consolidation phase until next year.
Dude, you’ve started two threads about gold already.
1. Gold's consolidation 💔
2. Gold's performance at the end of 2024 🔥
And now this?
Just stick to one thread and let the convo flow.
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