This Week's Gold Outlook | Jin Jingwen
Last week, gold experienced a historic one-sided crash. After oscillating at highs early in the week, it was hammered by the Federal Reserve's super-hawkish signals, with continuous breakthroughs and sharp declines, creating the largest single-week drop in recent years!
International gold prices plummeted from above 5000 to a low of 4477, dropping over 10% in one week; domestic gold fell in sync, with bulls frantically fleeing from highs, with bears dominating throughout and no meaningful rebounds at all.
Next Week's Trend Forecast: Gold prices are likely
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