I' m not a downramper but you are probably right with golding reaching 1350 but there will be pressure on the US dollar this year as the Fed will want to continue normalising their balance sheet and increase the interest rate. US Core inflation is up from previous quarter showing some signs of growth. We will see in the coming quarters whether this trend follows through otherwise, gold will sky rocket to 1400.
ALY 2018, page-38
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