$NVDAB
#GoldFalls3.24%ThisWeek
Gold dropped 3.24% this week, while silver fell 3.82%.
The main pressure points? 👇
đŸ’” Dollar strengthened +0.85%
📈 Treasury yields moved higher
🏩 Fed policy expectations shifted
A stronger dollar and higher yields can make gold less attractive in the short term.
But here's the interesting part:
📉 Is this a normal correction?
Or
⚠ Could gold be entering a deeper downtrend?
For me, the key things to watch next are Fed expectations, Treasury yields, the dollar, inflation data, and gold's reaction around major support levels.
đŸ”„ Your prediction:
🟱 Gold rebounds
🔮 Gold drops further
🟡 Sideways before the next big move
Comment your view 👇
#goldfall #Inflation #trading #markets #BinanceSquare