DislikedGold is refusing to go down despite the data. Maybe because of fitch ratings??Ignored
the SnP downgraded usa first 2 months ago so fitch just playing catchup so people arent surprised by it and everyone is downplaying it since it originally happened in may
That downgrade came days after Washington narrowly averted a default, but S&P went ahead, cutting the U.S. pristine "AAA" to "AA-plus," citing heightened political polarization and insufficient steps to right the nation's fiscal outlook.May 26, 2023
only ones concerned about this cut are fundamental traders ...and theyre losers most of the time when they open a trade
trade like the 5% contrarians not the 95% losers