3Mon·

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

3Mon

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

•

Tomas Botelho@tbotelho_

3Mon

If it corrects that much i’ll buy for sure

•

Jobser@Jobser

3Mon

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

•

Damian@Divalo

3Mon

@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

•