Normalizing liquidity conditions, negative real rates, low cost of carry and concerns surrounding fiat currency debasement, likely means price could move toward $1,800/oz in the not too distant future.Gold price could move toward $1,800/oz in the not too distant future, strategists at TD Securities report.Prices of the ounce troy of gold appear to have met an interim hurdle in the $1,650 region so far. Thursday’s uptick was on the back of declining open interest, opening the door for some near-term correction.Gold calls are claiming higher implied volatility premium than calls for the third straight day, indicating investors are adding bets to position for strength in the yellow metal.


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