Gold correction Close

We have lost 10% as the Aud rises from .60 to .66 USD. and gold should settle around $2900 when the Tariffs are abandoned.
I am calling it and saying gold should be around $3850 AUD by September.

1 Institutions are downgrading their gold price forecast.
2 Institutions are shorting stocks.
3 The gold price is trading sideways and very reactive.
4 Institutions will look for other substitutes as a hedge inflation
5 There will likely be a recession by xmas which most likely will see a gold price correction on top of hedging leaving the market.
6 If the gold price retreats to $2900 followed by a recession, gold could fall further and trade at around $2350 usd