I don’t think a Fed cut would be enough to restart the bull market for gold. Many would have been scarred by this and gold is still at insane levels compared to historical levels and I think many would rather put their money in technology and AI for the longer run. A short spike is expected with market optimism but I don’t see a bull run as many would just likely speculate and take it as for swing trading for quick profits.
I have never liked gold as they don’t offer growth. They mainly reflect the supply and demand imbalance of the market and strives when there is fear in the market. During times of fear, I rather pick up good stocks at good prices than buy gold. @HelenJanet @DiAngel @SPOT_ON @Fenger1188 @Success88 @SR050321 @LuckyPiggie @Wayneqq @Kaixiang @Universe宇宙 come join
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