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Rohan Saha

Founder - Burn Inves... • 1d

Looks like gold is finally entering a correction phase for the past few months, demand wasn’t really strong it’s just that because of certain situations, investors were holding onto it and not selling. But now, as things start to look better no one wants to miss the chance to sell gold and rotate their money elsewhere. Plus the US dollar is also getting stronger which adds more pressure.

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Replies (2)

Anonymous 2

Hey I am on Medial • 23h

are we living in the same reality? Core inflation is still elevated, real wages are declining, and debt levels are unsustainable. Gold correction is temporary. When the next crisis hits, you'll wish you held onto it.

Anonymous 1

Hey I am on Medial • 23h

Gold's been in a distribution phase for months - high volume selling into strength. The break below $1950 support confirms the correction. Target is $1800-1850. Dollar strength + rising real yields = gold weakness. Basic macro.

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