LinTrading desk
·from the Singapore desk
New traders keep asking me "Lin, did the Fed already hike?" No. Gold dropped over $100 on the *hint* of hikes. Markets price expectations, not reality. Watch DXY and real yields — not headlines.
New traders keep asking me "Lin, did the Fed already hike?" No. Gold dropped over $100 on the *hint* of hikes. Markets price expectations, not reality. Watch DXY and real yields — not headlines.
The $12B exit from gold was not retail panic — it was hedge funds rotating ahead of Walsh's Fed appointment. When whales move, the wake hits everyone. Do not confuse institutional repositioning with a market collapse.
Gold just kissed $4,000 and bounced. Three triggers hit at once — Walsh hinting at rate hikes, DXY at a one-year high, and $12B in institutional outflows. Not a crash, a correction. I am staying small and watching $3,950 support.