Gold is falling because open interest on the COMEX is low. Buyers staying away.
Market is high risk, only smart bidders are active in futures.
When full effects of inflation caused by Hormuz closure and oil shortages are felt, this will reverse.
Gold is building a quiet base and will explode when the market understands how inflation will explode.$XAU
Market is high risk, only smart bidders are active in futures.
When full effects of inflation caused by Hormuz closure and oil shortages are felt, this will reverse.
Gold is building a quiet base and will explode when the market understands how inflation will explode.$XAU