Gold's Bullish Potential Amid Inflationary Adjustments

Summary

The recent deceleration of the Consumer Price Index still significantly above average, suggests a potential rise in the gold market as investors seek reliable assets to protect wealth.
The rise in average hourly earnings, often leading to inflation, bolsters the bullish sentiment in the gold market.
The bullish technical outlook of GLD, with bullish formations, suggests the potential for a higher breakout.
The downward correction from the resistance of $2,075 offers a lucrative buying opportunity for long-term investors in the gold market.

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