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PremiumWTF Just Happened To Gold ? A Few Shocking Charts From Goldman's Commodity Desk
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What was seemingly a quiet day for the major indexes, was anything but below the surface, with positioning driven turmoil across the board in what Goldman described were "funky moves" under the hood, as well as real pressure on Long Momentum names, as the Goldman Momentum Pair imploded 5% lower with the double whammy of Momentum Long -3%, and the Momentum Short ripping +2%.
