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Gold may experience a sell-off around 8:00 AM Eastern Time (ET).
Over the past 4 days, gold has started to decline precisely at 8:00 AM Eastern Time (ET).
This pattern looks similar to what we've seen with Bitcoin before, when Bitcoin often declined around 10:00 AM Eastern Time (ET) almost every day.
Now, a similar timing pattern is emerging with gold.
In the past 4 days:
• Monday, 8:00 AM: Gold drops 2.87%, losing $1 trillion
• Tuesday, 8:00 AM: Gold drops 4.39%, losing $1.6 trillion
• Wednesday, 8:00 AM: Gold drops 1.65%, losing $600 billion
• Thursday, 8:00 AM: Gold drops 2.03%, losing $720 billion
Does Jane Street work again?