MHh
06-28 10:47
I think there is still further downside for gold. The war in Iran is far from over and the global market will take some time to react to lowered oil prices if that even happens.


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
Gold Breaks Below $4,000! Will We See $3500?
Spot gold breached the key $4,000/oz level on June 24, falling 2.8% intraday — its first close below that threshold since November 2025 — and now sits nearly 30% off its all-time high set in January, entering deep correction territory. Rising Fed rate-hike expectations following Waller's hawkish pivot, and climbing Treasury yields diminish the appeal of non-yielding gold. With $4,000 serving as a critical support line, a sustained break opens further downside. Down nearly 30% and below $4,000 — will you average in on the dip, or wait for peak rate-hike expectations before acting?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment