Clear Path for Gold After CPI data release. Important!

Clear Path for Gold After CPI data release. Important! Gold vs US Dollar PEPPERSTONE:XAUUSD LaurentWilvyne We all know that uncertainty remains high; oil prices have also been rising over the past month, and inflation is expected to continue rising, which is positive for gold. Inflation is expected to remain high until there is clarity regarding a resolution to the war that could bring oil prices back down to the $60–70 range. If that happens, gold could potentially correct again. The short-term target for this week is for gold to reach between 4,475 and 4,650.