It just doesn't sit right with me how you can get a big wayward miss in GDP for Q1, being a sum of trillions of dollars of data and reflective of 3 months of accumulated data which results in gold going down slightly, then have a weekly report being a miniscule data point along with expectation misses in other data and have gold going down over 1%...
Good news (Q1 miss) for gold bugs tends to = gold going down
Bad news for gold bugs (good weekly jobs claim) = gold getting smashed.
Il keep accumulating I guess.
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