Here’s How Whales Beat Citigroup to the $4,000 Gold Trade
Citigroup revised its near-term gold price target this week, and the smart money bought long positions before the note landed. The biggest traders were already there. The revision was a cut from $4,300 to $4,000. Yet the perps book, the options market, and the macro backdrop had all leaned bearish for weeks. The bank confirmed...
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