The million dollar question. Will gold retrace to $1200 usd ounce.
If there is another GFC which is quite possible then you might see a repeat of 2008. We could have a GFC, recession, Supply chain issues, hyper inflation and war all in one. This has never occurred in the world before.
https://supplychaindigital.com/digital-supply-chain/wto-trade-decline-could-match-great-depression
gold correction target $1, page-101
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