Gold's correction bottom may already be in at $1900 but Fed could prove more hawkish than market expects with surprise rate hikes, which could push gold back into the $1800s; until hawkish surprises occur, the bullish chart pattern holds
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Eric TownsendEvidence Quote
“bottom may already be in... 1900... Fed likely to prove more hawkish... put us right back in the middle of the 1800s... hasn't happened yet”
Created: 8/12/2026, 6:09:36 PM
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