Gold under $4k as trader eyes 3,500
One trader notes gold has dropped below $4,000, staying long-term bullish on central bank buying but expecting further downside with the Fed hiking.
What we know
An account on X posted "Sub $4k" and is waiting for 3,500, citing Fed hikes against a long-term bullish backdrop of central bank buying.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.