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Gold Clears All Major Supports, Eyes the 1680 USD/oz Target
At the beginning of the year, the price of almost all goods skyrocketed. Houses, metals, food, energy, and pretty much everything. It resulted in massive inflation, which is currently one of the most talked about topics. The second half of the year, brought a small cooldown, at least in some parts of the market. Metals, energies, and even some crops are down. This of course should help combat inflation but for us the most important thing is that it brings new, exciting trading opportunities. Today, I would like to show you the situation on gold, which is currently at its lowest level in 2022. July was and continues ... (full story)