freeamfva: Inflation hot at 13-year high, what will happen to gold?

freeamfva

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.To get more news about forex scam, you can visit wikifx.com official website.
　　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.