How on Earth Can Gold Decline During the U.S. - Iran Crisis?

From sunshineprofits.com

So, did U.S. and Iran just become best friends? Gold's huge reversal and a decline of about $50 in 24 hours might certainly suggest so to those, who choose to follow the news instead of estimating market's moves using more reliable tools. Of course, the two countries are not on friendly terms at this time. So, what happened that gold declined so much, so fast? Let's start with going over what we explained yesterday as gold's price action confirmed it so well. When something happens that shocks the market - a missile strike, a drone airstrike, a new military threat or a sudden shift in trade relations between ... (full story)