safehavenrotation

GOLD JUST BROKE $4,400 🚨

Gold is back in the spotlight. Spot gold touched $4,434.84/oz today, while futures reached around $4,456. Gold is now up more than 8% in August, after trading below $4,000 in July.

The move is being fueled by Fed rate uncertainty, weaker U.S. jobs data, geopolitical tensions and safe-haven demand. China also added about 20 tonnes of gold to its reserves in July.

Now the big question: Can gold hold $4,400 and push toward $4,500? 👀

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