The gold
$XAU should not have peaked yet
After this pullback, gold's upward inertia may last for a few more days, or even rush towards $5,800 or $6,000. Because in panic, prices are irrational.
From the perspective of technical graphics and historical laws, the current market is in the short-term blow-off top stage.
1 : extremely emotional
A three-day increase of $500 (10%), a rate that usually only occurs at the final climax before the bubble bursts. Most of the current buying is panic buying by short sellers and forced covering after short positions are liquidated.
2. Physical limits
No ass