#GOLD just hit a new all-time high, defying expectations despite:

🔹Markets pricing out a 50 basis point rate cut.

🔹Geopolitical risk concerns being priced out.

🔹Market volatility hitting new monthly lows.

🔹Monthly inflation data coming in higher than expected.

🔹Markets discounting the possibility of a 2024 recession.

🔹Gold is trading as if a major crisis is unfolding, even though the data points in the opposite direction.

#GOLD_UPDATE #Debate2024 #Goldenopertunity #BinanceLaunchpoolCATI