#GOLD just hit a new all-time high, defying expectations despite:
š¹Markets pricing out a 50 basis point rate cut.
š¹Geopolitical risk concerns being priced out.
š¹Market volatility hitting new monthly lows.
š¹Monthly inflation data coming in higher than expected.
š¹Markets discounting the possibility of a 2024 recession.
š¹Gold is trading as if a major crisis is unfolding, even though the data points in the opposite direction.
#GOLD_UPDATE #Debate2024 #Goldenopertunity #BinanceLaunchpoolCATI
