specially when they are talking about 10k gold and 26k gold. people can't buy gold for wedding. Central banks slow doen buying gold etc.
My bias is bearish on Gold and bullish on USD and regarding market I expect a hard landing soon.
I sold gold mining shares and buying utility shares.
Added: also friends who are with us since 1810 per ounce, remember the banking holiday in China. now the banks in China are already closed for a Week. and "that was the so called October 7th event and then the rally started" by it and now the peace deal. it is very relatable as a narrative but I don't want to go into that.
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