In my recent analyses, I warned that a significant correction in Gold prices was inevitable. True to this prediction, the election of Donald Trump triggered a sharp 1,000-pip drop in Gold's value. However, yesterday, the market rebounded strongly, recovering 700 pips from that initial decline.
The big question now is whether this correction has run its course. In my view, we may have reached a bottom, and Gold could be poised to resume its overall uptrend. I’m currently looking for buying opportunities on dips.
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