Anyone who is trading new York session today 14-05-25 what's you stance on gold today under this news.
No compelling reason to buy Gold when VIX is collapsing. Today US dollar lower and so is Gold as well as GDX so I think Gold has topped out, for now. During the Liberation Day Crisis Gold went up no matter what so it is telling.
Agree. I think gold easily trades under 3000 soon since all fear is gone from the market....market has gotten complacent, too complacent...I can tell by all the new ipos slated to come out and those meme stocks starting to literally rally 30 to 50% a week. The greed index has surged literally overnight. . https://www.cnn.com/markets/fear-and-greed