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GC1! Gold Price Divergence

COMEX:GC1!   Gold Futures
With Gold falling below its November low of 1862, we might get short term bearish on the price of gold .

HOWEVER
Bond yields are rising for 2 potential reasons; economic growth or inflation outlook.
Though short-sighted wallstreet may think a major recovery is on the cards, the US market was in dire straights before covid already.
Inflation prospects is thus higher probability.

Also, see the MACD / Price divergence on Gold .
Gold might bounce from these levels.

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