A Spectacle the Markets Have Never Seen Before đĄ
The recent move in precious metals is being called historicâand for good reason. According to Adam Button, analyst at InvestingLive, the explosive rally in gold and its peers may have finally hit a pause, marking an extraordinary chapter in market history.
đč Gold Outlook: Button suggests itâs difficult to envision gold slipping below the $4,000 mark. If prices ever approach that zone, deep-pocketed buyers are likely to emerge aggressively. Until then, the market remains in a wait-and-watch phase rather than a clear trend reversal.
đč For Current Holders: This is not a moment for emotional decisions. Volatility is high, sentiment can flip fast, and reacting impulsivelyâespecially during low-liquidity after-hours tradingâcould do more harm than good. Patience may be the real edge here.
đč Risk of a Major Crash? A dramatic sell-off similar to âBlack Mondayâ seems unlikely under current conditions. Such an extreme move would probably require a shock far bigger than ongoing geopolitical negotiations, including the Iran deal.
đ Bottom Line: The precious metals market is at a crossroadsâcapable of rebounding sharply or correcting deeper. In times like these, strategy beats panic, and discipline matters more than predictions.
DYOR No Financial advice!
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