BREAKING: Gold prices fall -3.5% in 15 minutes and officially drop back below $5,000/oz.
Gold losing $5,000 after that parabolic run isn't surprising. It went vertical for weeks. What's wild is this happened right as BTC ETFsGold losing $5,000 after that parabolic run isn't surprising. It went vertical for weeks. What'Gold losing $5,000 after that parabolic run isn't surprising. It went vertical for weeks. What's wild is this happened right as BTC ETFs saw $252M in outflows yesterday. Risk-off across the board. Wouldn't be shocked if we see more unwinding before any bounce. saw $252M in outflows yesterday. Risk-off across the board. Wouldn't be shocked if we see more unwinding before any bounce.
that's a pretty wild dip!
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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