@Eonthat's exactly what has been happening lately there have been a flight to safety and the bond markets are profiting greatly from it

@Size so is it safe to say, until there is clear indication of inflation cooling the downside on gold might continue?

That's a good point, mate. What stands out to me is that we're seeing a liquidity-driven move rather than the usual flight to the dollar.

@Skylarkman I never new its you Kunfu . man is good to finally kn

That's the appropriate way fro every great traders losses reach lessons we've shouldn't forget @Usyk Samurai

The tech selloff has pushed money into Treasuries, driving yields lower, but gold is being sold off alongside risk assets, which suggests some forced liquidation or position unwinding.

I think inflation cooling would definitely help gold, mate, but I wouldn’t make it the only condition.

@Skylarkthat's the game man . that's the game .

@Usyk Samurai yes bro it's kung fu in a birds clothing this time so how are you bro

@Size i think there is position unwinding, strong correction might happen sooner or consolidate for extended periods

@Skylarkyes I went back to our conversation yesterday to see where u said so

man u are welcome .

Yes stocks dey sell (Euro Stoxx -1.9%, DAX down), and money dey enter bonds - *but na European bonds, not US.* German Bund yields actually dey fall because selling-price inflation hit 7-month low. So capital dey relocate *inside Europe* - from stocks to Bunds, na growth scare, no be global risk-off. Why dollar no strong? 1. *Dollar is not the only safe haven.* JPY, CHF and Gold dey collect that flow. Yen strong recently. 2. *US own data dey soft too.* US Services PMI expected 57.9 vs 58.8 prev, Michigan sentiment 46.3 - weak. So market dey price Fed cut, not dollar strength. 3. *EUR weakness ≠ Dollar strength automatically.* Eurozone get its own wahala - France PMI 51.2, Germany Services 51.7. Euro dey fall on its own story, but DXY get 57% Euro weight, if Euro fall and Pound also fall, Dollar suppose up - but Dollar no up because US yields dey fall too. If na real flight to safety, you go see: *US 10Y yield crash + DXY spike + Gold spike together.* Now we dey see Gold up, Bunds up, but DXY flat. That na *regional rotation*, no be dollar super-cycle. Tell am: Watch US PMI by 15:45 CET. If US own miss too, Dollar go even weaker, even if stocks sell more

@Usyk Samurai ohh yes not just in trading as I always say in every thing on the face of tj8s earth

I’m leaning towards that possibility too, mate. The key is whether this is mainly forced liquidation or a genuine shift in sentiment