Gold spot continues to move within an extremely delicate structural framework, ending the week at $4,540.53 with almost zero change (0.04% flat). The metal is currently trapped inside a fierce, multi-week consolidation range, challenging the key psychological points of its overall structural pattern, while a more aggressive hawkish turn from mainstream banking elites steadily eats away at speculative liquidity. The Warsh Macro Paradigm: Global money rotation numbers are continuing to play out under a highly restricted landscape following the official inauguration of new Federal Reserve Chairman Kevin Warsh. In ... (full story)