Gold falls for fourth straight week, faces added pressure from central bank reserve sales

Fourth straight week down tells me the paper pushers are working overtime before year-end. Central banks dumping reserves isn't the same as dumping physical gold - they're liquidating paper positions while quietly accumulating bars. I've tracked this pattern since 2008. The disconnect between COMEX inventory draws and these headline moves gets wider every cycle. Physical premiums aren't budging despite the paper selloff. That's your signal. When central banks talk about reserve sales but keep buying 1,000+ tons annually, you stack harder. This dip puts us back to levels we haven't seen since early December. Smart money uses these manufactured drops to add weight.