1.Inconvenient issue from the 1930's bear market (which was in part triggered by tariffs)
Most of the world's stock markets declined -- there wasn't anywhere to hide...
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2.we just saw a spike in Gold market implied volatility (common exhaustion indicator; suggests a period of consolidation). Sentiment and positioning are also rolling over from overbought levels
Gold topping signal... 👀
(you tend to see gold $Gold - main 2506(GCmain)$ $Cboe Volatility Index(VIX)$ spikes at turning points and around trend exhaustions; best case is a period of consolidation)
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