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Inflation hot at 13-year high, what will happen to gold?
摘要：Inflation hot at 13-year high, what will happen to gold?
US inflation at 5% YoY vs 4.7% expected with core inflation at 3.8% vs 3.5% expected which is the highest rate since February 1992.
The market took it like a champ though as it believes central bankers will look through this temporary spike.
But I think investors will still want to hedge against inflation and what better asset to buy than Gold？
Technically, however, I would like to see more volume which would indicate the presence of buyers and a break above resistance at 1912 / 1915 will likely trigger a new round of upside acceleration to my medium-term target at $1949 / oz.
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本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性作出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任
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