@koolgal:
🌟🌟🌟Gold has lost its shine today as it dropped 6.3% intraday. This is its worst single day fall since 2013 sliding from a record of USD 4381 to USD 4082. Silver also fell dropping 8.7%. This comes after a 60% year to date rally, with Gold hitting 9 straight weekly highs. Why the Crash? Profit taking after an euphoric run. Easing geopolitical tensions in the Middle East. Surging US dollars and bond yields. Has Gold Peaked This Cycle? I don't think so. If it drops below USD 4,000, I would buy as Gold is resilient and can only go up long term. Gold is a safe haven asset and a good hedge against inflation and geopolitical tensions. @Tiger_comments @TigerStars @TigerClub @CaptainTiger
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