The early enthusiasm in all markets have faded.
Gold has been caught in that, as a $45 gain has turned into a $10 loss, with the selling accelerating as it went red.
When you zoom out, the chart continues to show consolidation right around the $4100 level. I think we might need some clarification on the Fed stance, the next Fed Chairman and the Supreme Court decision on tariffs to trigger the next move.
gold daily