3 thoughts on “Gold buyers may get another price dip before rally resumes”
I’ve been watching gold like a hawk, and this dip before a rally feels like a classic buy-on-sale moment. The $2,650 support is key, but if it holds, I’m adding to my stash.
Interesting that Vijay Valecha mentions a dip to $2,600-$2,620. Last time they said that, gold bounced right back. Still, with the Fed cutting rates, I think the long-term trend is up.
So gold could drop to $2,500 before resuming its rally? That’s a big gap from $2,700. Are we sure this isn’t just a bull trap? I’ll wait for a clearer signal before buying more.
I’ve been watching gold like a hawk, and this dip before a rally feels like a classic buy-on-sale moment. The $2,650 support is key, but if it holds, I’m adding to my stash.
Interesting that Vijay Valecha mentions a dip to $2,600-$2,620. Last time they said that, gold bounced right back. Still, with the Fed cutting rates, I think the long-term trend is up.
So gold could drop to $2,500 before resuming its rally? That’s a big gap from $2,700. Are we sure this isn’t just a bull trap? I’ll wait for a clearer signal before buying more.