Alamos Gold Inc. (NYSE: AGI) is forming a bullish consolidation below an early May high of $14.12. Gold Fields Limited (NYSE: GFI) is also forming a consolidation, near its 50-day moving average, having peaked on May 4, the same day Alamos and the GLD ETF rallied to highs. For example, economic indicators, such as inflation, interest rates, and geopolitical events stability can impact the demand for gold as a safe-haven asset.