Best looking weekly chart, page-1812

Well you would think that more more money printing/social spending/liquidity in the economy would continue inflation. Plus add in the global economic and geopolitical concerns which seem to pile up month after month. Add in record immigration and further housing demand - property prices rise and therefore rental prices rise as homeowners struggle to pay mortgage rates. I don’t see rates going down any time soon imo! They might halt them for several months in 2024 but it would take a lot to bring them down.
Just remember whatever the government and mainstream media tell you, the opposite is true. They will tell you rate cuts are coming, then when it doesn’t they will blame it on something else, plus they will throw another RBA Governor under the bus. Then they will replace them with good news, the mainstream media will follow course and we get in the same cycle. So predictable. At least gold is destined to advance as everything else self implodes gradually over time.