High degree of two-sided uncertainty on inflation is understandable
Damned if you do, damned if you don't. That's pretty much Haldane's take here. But at least he is opening the door to the possibility of the BOE looking towards a quicker development in the inflation backdrop.
Analyzing the current trading chart of Gold, I found that Gold tested our first downside target at $1,765 but there is still strong downside pressure and potential for testing of my second target.
Support levels: $1,7
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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