Tag: gold rally

From the Gold rush to the gold crash

A few weeks ago, I mentioned that the gold rally had come to an end.

At the time, the price was at $1,970, and I expected the price to crash for the rest of the year.

Well, the crash came much sooner than even I expected.

Just last week, gold prices sank another 4%. And to put this into perspective.

We have not seen this kind of gold crash performance since June 2021.

In fact, on 25 September, the gold price dropped from $1,970 per ounce down to a low of $1,829.

If you missed the first down leg of gold, you’re not going to want to miss the next one.

Here’s why I expect the price to continue down.

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