business π Gold pullback expected in a long rally
Gold is currently experiencing its first meaningful pullback after bottoming mid-year, as forecasted. This is happening amidst a larger 10-year rally expected to take gold above $10,000 by 2036. The US Dollar is showing signs of weakness, which should boost precious metals prices. Gold prices are expected to find support around the 50-day EMA in early September. This brief correction is part of a sustained uptrend leading to new all-time highs next year. π