$XAU/USD (XAUUSD.CFD)$ here is a conundrum i cannot wrap my head around… mid-east crisis still very much ongoing, oil prices still high, way too few oil tankers can pass through hormuz strait, infrastructure damage extensive and a lot of money needed to fund repairs. yet gold price has risen so much, central bank buying notwithstanding. this feels like a trap of sorts. i dont know, it seems too good to be true.
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