Gold stabilizes at 4,500 as liquidation exhausts, 4,000 remains target

Gold’s steep selloff is showing signs of stabilization near 4,500 level after a disorderly decline yesterday, driven largely by liquidity squeeze. While hawkish signals from major central banks this week, including Fed, ECB, BoE and even BoJ, provided the initial pressure, the magnitude of the drop points to a market dislocation rather than a purely […]

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