Gold has declined as some Gulf States have been selling covertly as cash is king. The safe haven has again been the dollar. But while everyone is watching gold, stocks, and inflation, they are not paying attention to the yield curve which is screaming very loudly but nobody is listening.

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/trump-demands-gulf-states-pay-5-trillion-to-fund-war/

halfway pennant ???

Monthly dollar basket  added.

Iran bomb Kharg Island once troops arrive should be the black swan event imo.  Sitting ducks