3Wk·

Gold

Hello everyone, what is your gut feeling? How far will gold correct after the strong rise? According to Gemini, historically corrections of 20-30% are normal after such a rise.

4 Comments

Olli@Olli68

3Wk

I currently see no reason why the gold price should correct sharply.

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Tomas Botelho@tbotelho_

3Wk

If it corrects that much i’ll buy for sure

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Jobser@Jobser

3Wk

What are the reasons why the gold price has fallen so sharply in recent days?

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Damian@Divalo

3Wk

@Jobser strong sell-off due to the tariff dispute between the USA and China. But I'm in with a lever myself and hope that it stays with the current correction, +- ...... Personally, I don't see any reason to unwind the leverage yet and think that the price of gold will rise again by the end of the year. Of course, I am not Bruce the Almighty and cannot predict the day, but I remain positive

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