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Ibra Him
xSPCX vs $XAU : Smart Money Is Betting Against Both, But Only One Is Rising
Both markets are dominated by short positions, yet their behavior tells two very different stories.
$SPCX continues climbing despite heavy short exposure. Most shorts are underwater, while fresh buying outweighs selling. This creates conditions for further short-covering pressure.
$XAU shows the opposite. Shorts remain profitable, but recent buying is picking up, suggesting sellers may face resistance.
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Today’s market buzz
1#BTC fell below $75,000 before the US October CPI release
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3#Trump says the possibility of a large-scale strike on Iran is low, oil prices plummet
