Gold Bearish scinario

KEY POINTS:
U.S. equity index futures red: Nasdaq 100 down >1%
Initial jobless claims 201k vs 225k estimate
Euro STOXX 600 index down >1%
Dollar, crude up slightly; gold declines; bitcoin off >1.5%
U.S. 10-Year Treasury yield surges to ~4.49%
Supply and Demand

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