For the time being, the likelihood of central banks raising interest rates is low, and due to inflationary pressures, I believe gold prices will continue to rise steadily. However, if gold prices surge in the short term, I expect temporary corrections to occur. In the U.S., gold prices have risen sharply compared to London, prompting investment banks like JP Morgan and HSBC to ship physical gold to New York in order to cover losses from their short positions in futures contracts. Currently, the delta volume is around +17%, and I believe there is potential for gold to rise further to approximately $2985 . However, if profit-taking occurs in the short term, I think gold may consolidate and move sideways within a range of $2725~$2895 . Despite this, my initial long-term outlook remains unchanged, and I believe gold could reach $3060 . If macroeconomic uncertainty persists, it might even rise to $3200