Capital Economics calling for $gold to bleed rest of 2024 as Fed stays hawkish.
If they're right, risk-on assets catch bids. Fed pivot delayed = longer pain for traditional hedges.
Watch $BTC correlation here. If gold dumps while DXY stays elevated, crypto either decouples or follows the pain trade.
Macro still matters more than most degens want to admit.
If they're right, risk-on assets catch bids. Fed pivot delayed = longer pain for traditional hedges.
Watch $BTC correlation here. If gold dumps while DXY stays elevated, crypto either decouples or follows the pain trade.
Macro still matters more than most degens want to admit.