Current Date:April 2, 2025

Analysts: The price of gold is at these levels until March 2022!

TD Securities analysts arrived: XAU/USD defended the view that it would mainly create a trend of rise until March 2022. Strong US inflation pressure accelerated a significant break in gold prices. TD Securities believe that strategists are ready to extend the rise of yellow metal at a closing above $ 1,860. Details on the subject Kriptokoin.comYou can also find it.

Relationship between gold price and US inflation figures

The rise underneath seems to have attracted new buyers. According to TD Securities analysts: “This output directed the China Smart Money fund group to add significant amounts of new maturities under Shfe. Considering that the Shanghai Gold Net maturity continues to be close to the lowest levels of several years, a potentially sensitivity change arising from technical breakage may have a significant amount of purchase.

The analysts continued: “The tides with the fall of US real returns can shake the persistent waves of ETF vendors.” According to TDS analysts: “Gold prices need to be close to only $ 1,860 / ounce to catalyze more CTA long purchases, which should create a more supportive trend.” Finally, TDS analysts say: “After all, our Chartvision frame, which has 75 technical indicators to determine the critical threshold for the trend change, shows that if gold prices are above $ 1,845 / ounce, an upward trend will occur until March 2022.”

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