Federal Reserve and handling of inflation, gold reaching $1,900 next year?

Gold bars

Three weeks ago, gold witnessed a decline in its value, as it reached 1680 dollars per ounce, but now it has known a remarkable rise, as it exceeded the 1793 dollars barrier, an increase of approximately 7%. These profits have turned the market into a safe assets but with inflationary pressures problems also persisting.

The recent recovery in gold prices came with the increase in long buying positions among traders and the improvement of speculative positions.
With regard to the Federal Reserve and central banks, they are resisting the resulting inflation, which is a problem that will continue, and raising it to a low level may be more in line with the trend of inflation in the subsequent months, which will make gold with upward pressure.
For that it may lead the yellow metal to cross the psychological resistance level at 1900 dollars.