Unprecedented Break In Gold Market And Traditional Correlations Signals Major Gold Price Breakout. We have seen something unprecedented in the Gold market that should grab every precious metals investor's attention. The futures market and gold etf holdings typically move Gold prices and traditionally hold a tight correlation between spot Gold prices and gold etf flows. there has been net selling and outflows from etfs which may have been an attempt to slow the gold prices from rising, it failed. this could be incredibly bullish as the gold prices soared to record highs regardless of the selling as it seems the West is losing control of gold price fixing capabilities the more global central bank gold demand surges.
5 сен 2024