forget about the safe haven factor, may make a difference at the...

forget about the safe haven factor, may make a difference at the edges but unlikely to drive pog trajectory imo

a scenario I see is strengthening cpi on Wednesday, resulting in worsening volatility and value loss in global markets, culminating in a dovish statement by powell in his eom testimony in an effort to calm markets

this would be a best case scenario for gold and would unquestionably stick a big burning rocket up its backside

for each of those variables there are counter possibilities though that could result in pog receiving an almighty kick in the face with a steel capped boot

all one can do I suppose is make calculated assessments, identify upcoming liquidity events, and manage risk (stop losses) accordingly