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Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven

Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.  As the bank’s trader Marcus Millis writes, “the… Continue reading Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven

Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven

Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.  As the bank’s trader Marcus Millis writes, “the… Continue reading Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven

Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven

Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven Gold’s break below key technical support of 4050 to the 4023 low in New York trading on Wednesday appears driven primarily by stop-loss liquidation and positioning rather than a material deterioration in macro fundamentals, according to UBS.  As the bank’s trader Marcus Millis writes, “the… Continue reading Gold Selloff Seen As “Stop-Loss Liquidation Positioning Reset”, Not Fundamentally Driven

Maine Democrats’ recruit for possible Platner replacement has people asking questions

Amid the demise of Graham Platner’s Senate campaign, the flurry of Democrats rushing to score the nomination has many wondering what is actually wrong with the party in the state of Maine. As Platner ended his campaign amid multiple scandals and a sexual assault allegation, the Maine Democratic Party was tasked with naming a replacement… Continue reading Maine Democrats’ recruit for possible Platner replacement has people asking questions

Maine Democrats’ recruit for possible Platner replacement has people asking questions

Amid the demise of Graham Platner’s Senate campaign, the flurry of Democrats rushing to score the nomination has many wondering what is actually wrong with the party in the state of Maine. As Platner ended his campaign amid multiple scandals and a sexual assault allegation, the Maine Democratic Party was tasked with naming a replacement… Continue reading Maine Democrats’ recruit for possible Platner replacement has people asking questions

Maine Democrats’ recruit for possible Platner replacement has people asking questions

Amid the demise of Graham Platner’s Senate campaign, the flurry of Democrats rushing to score the nomination has many wondering what is actually wrong with the party in the state of Maine. As Platner ended his campaign amid multiple scandals and a sexual assault allegation, the Maine Democratic Party was tasked with naming a replacement… Continue reading Maine Democrats’ recruit for possible Platner replacement has people asking questions