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AAAU - Gold Is Dead Money Against 3 Major Headwinds
Goldman Sachs Physical Gold ETF
Gold is facing extreme volatility with a recent selloff sparked by the fallout from the June Fed Meeting.
The combination of a strong macro growth environment along with a narrative that recent inflationary trends are temporary limits the attraction of precious metals.
The breakdown under $1800/oz level sets up more downside towards the Q1 lows.