𝗩đ—Čđ—œđ˜đ—Čđ—ș𝗯đ—Č𝗿 𝟭𝟮, 𝟼𝟬𝟼𝟰

📊 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.