Gold price has surpassed $1900

The Dollar Index is curently at 102.8 (-0.63%) with Gold at the supply zone right now. As the GDP Q1 was -1.4% yesterday, we could expect the US central bank to tighten its Monetary Policy when it meets in June and July and could lift rates 1-3% by the end of the year. We could also have high votality next week due to the Fed moving to a jumbo rate hike when they announce rapid balance sheet reduction program.

Just keep an eye on the release of US PCE inflation data