TD expect gold above $1800and then even higher

A snippet via TD from late last week on why gold is going to keep heading higher, the bank citing plenty of reasons as follows:

• Covid fears have interrupted, but not cancelled gold's imminent breakout.
• Indeed, the yellow metal's third attempt to break-out into the $1800s was interrupted by renewed virus concerns, which have paused the rise in long-term inflation expectations that we have seen over the past few trading sessions.
• Nonetheless, we expect that growing confidence in the economic recovery, amid extremely low rates volatility, will help long-term inflation expectations continue to rise. In this context, declining real rates will support gold prices into the $1800s.
• The world-war era fiscal and central bank stimulus, the change in the central bank template that will incorporate 'symmetric inflation targets' and unwinding globalization, also suggest that inflation-hedge assets may grow in popularity. In this context, fading the reversal of safe-haven flows will continue to be a profitable trade.