
Gold at $4,036: The Anatomy of a 28% Correction and What Comes Next
Gold sits 28% below its January $5,595 ATH at $4,036, but June CPI of -0.4% MoM changed the calculus. Here is the anatomy of the correction, what PBOC buying and CFTC positioning say about the floor, and what the bull and bear cases look like from current levels.









