Gold capitulation
Gold broke through $4000 support Friday night. This is starting to look ugly. CFTC is still long. Robots have sold more. I am still cautious, but nibbling here makes short-term sense. The major issue remains yields and the Iran war, and any post-midterm escalation. Bonds will be bid as the market prices in a growth shock, The post Gold capitulation appeared first on MacroBusiness .
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