Gold markets fluctuated during the trading session on Wednesday as we continue to see a lot of confusion. This has been a very difficult market to trade right along with so many others during the day as the liquidity issues of the crypto market blowing up was felt in multiple assets, as money moved back and forth throughout the system. This is what happens when everything gets correlated; a lot of nonsense can happen as we get “rolling selloffs” like we saw during Wednesday. From a longer-term perspective, we have broken above the $1850 level, which was important, as well as the downtrend line. It is going to be ... (full story)