Gold’s Bearish Trend vs. Fundamentals –What’s Driving the MarketGold’s Bearish Trend vs. Fundamentals –What’s Driving the Market?
Gold has hit our first target, just as we predicted. Some doubted this move, but it happened. The current geopolitical situation is messy, making it hard to judge what’s good or bad right now. One thing is clear—gold seems heavily manipulated. Since Trump’s controversial decisions, other countries have grown wary, and gold’s price has been hesitant to rise.
There’s a lot of talk about a U.S. and global recession, partly due to Trump’s tariffs and unpredictable policies. Yet, despite this, gold prices are moving downward.
Interestingly, when inflation was at 10% in many countries, gold stayed around $2,000. But as inflation dropped to 5% or lower, gold prices climbed. This feels like manipulation at play.
Russia recently announced plans to sell gold between April 5 and May 12. This could flood the market with liquidity and push prices down. However, other Central Banks or Hedge Funds may be also involved in these transactions. Russia might not be acting alone.
From a technical perspective, the analysis remains unchanged.
After any significant correction, gold could continue to drop further, as shown in the chart.
You may find more details in the chart!
Thank you and Good Luck!
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