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Gold Price Weekly Outlook: Will Double Top Rejections Crush Gold Price Levels Under $4,460?
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)
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