Consolidation all the way to October

If the gold price drops under 1900-1910 and breaches the support-line from march gold is gonna take a long break. It would still be inn an uptrend and in a bull-market, but it will take years to go above the ATH again. If it manages to hold the support-line we will see new highs as soon as November and I believe the price would be above 2200 when we enter the new year. The macro picture looks good. Interest rates will most likely be kept close to 0% until 2022 and all the fiscal stimulus we have seen over the last months is just the beginning. When people start liquidating stocks and buying goods the inflation will come. Therefor Gold is a great asset to hold for the next years to come.