💰Gold has fallen to ~$4200-4300 per ounce and continues to fall...
This:
−10-15% in a week
9 days of consecutive declines 😶🌫️
In fact: 👉this is one of the strongest declines in decades.
Paradox: there is a war, yet gold is falling.
- conflict in the Middle East is escalating
- oil is rising (already > $110)
but gold is NOT rising, it is falling and this is the current main 'break of logic' in the market...
In conclusion, as I see it:
The market is currently very nervous, with strong and atypical movements, something large is being prepared in the market.
As for gold, I expect the price to drop to a maximum of 3900-4000 per ounce and then a sharp upward trend.
Wishing you all the best🙏
$PAXG #crypto #GOLD #war #dollar
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