Post
KanT Crypto
π The "safe haven" just fell harder than the Nasdaq.
Gold lost about 3.5% Friday to under $3,900, a one-year low. A tech-led Wall Street selloff forced funds to sell what they could, and a Fed leaning toward a December hike kept buyers away, even as yields fell.
Where it goes next:
Reclaim $3,910 β bounce toward $3,963, the old range floor.
Lose $3,875 β $3,800, then $3,780.
Oversold bounce, or a new leg lower?
Safe havens stay safe only until someone needs the cash.
NFA. $XAU $PAXG
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$66,839.6-0.03%
ETH/USDTEthereum
$1,893.11-0.02%
SOL/USDTSolana
$75.63-0.05%
Todayβs market buzz
1#WhoIsNextNvidiaCEO
2#USPPIBelowForecasts
3#AnthropicIPOOrderDemand
