I still believe in gold's safe heaven role as it had the value. I wont wait got gold to reclaim the 4500 level if I want to do for long term investment, but I dont want ti catch the falling knife now also. Better keep an eye and wait for the right timing.
Gold Slides: At Key $4,000 Level, Time to Buy the Dip?
Gold futures touched an intraday low of approximately $4,047, edging closer to the psychologically and technically critical $4,000. Notably, amid escalating U.S.-Iran tensions in the Strait of Hormuz and broad market risk-off, gold failed to play its traditional safe-haven role . The $4,000 round number is a key battleground: holding it could support a recovery, while a break lower may open fresh downside. With gold approaching $4,000, will you scale in gradually or wait for a confirmed breakdown first?
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