@asteroider - I'm not 100% sure I understand your chart, however i suspect its a combo of outright shorting and possibly the underwriter may be hedging their book.
I can see some people turning away from gold and punting harder into equities and crypto in the short term, but inflation and global de-dollarisation (in the BRICs) as thematics are not going away under the Trump administration's economic policies.
Let's see where gold is by month end. The recent dollar strength has caused this hit, rather than anythingelse. From memory the SBM offer closes on the 4th, so plenty of water to go under the bridge before then.
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