๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ญ๐ด, ๐ฎ๐ฌ๐ฎ๐ฐ
๐ Gold just hit another all time high despite:
1. Markets pricing-out a 50 basis point rate cut.
2. Markets pricing-out geopolitical risk worries.
3. Market volatility dropping to new monthly lows.
4. Monthly inflation data coming in above expectations.
5. Markets pricing-out possibility of recession in 2024.
Gold is trading as if we are in a major crisis while all of the data is saying the exact opposite.