Gold just did 8 red days in a row 📉

Worst week since 1983. Spot below $4,300, down another 5% today.

Safe haven? Middle East is on fire and gold is doing the opposite 🤡

So what's going on?

Oil spiked above $112, so now everyone's worried about inflation → Fed hike odds hit 50%.

10-year yield at 4.39%, dollar index above 99.

Gold pays nothing. Suddenly bonds don't look so boring.

Gold stocks down 5-6% today. Miners getting wrecked.

Funny part: gold ETFs are still seeing inflows despite the drop. Someone's buying the dip.

Classic paradox — institutions selling, retail buying. Panic or opportunity?

Long-term thesis (central bank buying, de-dollarization) still intact, but short-term macro is king right now. Next level to watch is $4,200. If that breaks… oof.

Anyone averaging in or waiting for a Fed pivot?🤔