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margull Rani
Funds are starting to shift seats, why is gold moving first?
Gold has surged back above $4400 in the past two days, but don’t just focus on the nearly 10-ton daily increase in gold ETFs.
This looks more like funds are relocating.
Recently, US Treasury yields have fallen, the dollar is loosening, plus the ADP employment data was weak, and the nonfarm payroll report is coming up on Friday, causing rate cut expectations to swing again.#LastNFPBeforeFOMC #AVGODipsSNOWPops #SaudiCrude9YearLow
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