#GoldRisesAbout14%InAugust
🧠 OURO +14% EM AGOSTO — O WHAT COMES NEXT?
August was a monstrous month for gold, up ~14% driven by a weak dollar and uncertainty in the bond market.
The reasons are clear: weakness in the dollar, uncertainty in the Treasuries, and aggressive central bank purchases.
Gold-backed tokens ($PAXG , $XAU , $XAUT ) followed the move.
And crypto? When gold surges, BTC and ETH tend to follow — it’s the same macro trade for protection against fiat currencies.
The next target could be US$ 5,000/oz. September may bring new records.
#KospiFallsAsAITradingEuphoriaCools #CentralBanksBuy289TonsGoldInQ2 #crypto
🧠 OURO +14% EM AGOSTO — O WHAT COMES NEXT?
August was a monstrous month for gold, up ~14% driven by a weak dollar and uncertainty in the bond market.
The reasons are clear: weakness in the dollar, uncertainty in the Treasuries, and aggressive central bank purchases.
Gold-backed tokens ($PAXG , $XAU , $XAUT ) followed the move.
And crypto? When gold surges, BTC and ETH tend to follow — it’s the same macro trade for protection against fiat currencies.
The next target could be US$ 5,000/oz. September may bring new records.
#KospiFallsAsAITradingEuphoriaCools #CentralBanksBuy289TonsGoldInQ2 #crypto
