Gold to hit all-time high by September of 2022 - chart analysis
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(Kitco News) - The monthly continuation bar chart for nearby Comex gold futures shows prices trending solidly up, on a longer-term basis, to suggest still more upside in the coming months. The trend-line price projection from the monthly gold chart, at present, suggests prices will hit a new all-time record high in September of 2022, if not before. Interestingly, such a projection syncs up with notions that problematic price inflation will ignite in the next few years, following the massive injections of liquidity into financial markets the past several weeks by major central banks.
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