It’s impossible to see the future. I’m hoping to see a ZH headline that 2 to 3 billion notional were dumped inside a minute around 10 am EST – that would say a lot about their ability to move the gold market.
You may have a point about loss of confidence in central banks.
Rates flat now from yesterday. Here comes another hit. Rates are all that matter to pm’s
I’ve seen enough of these failed up days for several lifetimes. You’re right, we’ll see how they close, but I suspect it won’t be good.