#PreciousMetalsPullBack 🔍 Metals Shakeout — Noise or Smart Money Reset?
The “overnight $300 drop” in gold sounds dramatic, but at $5,000+ gold, that’s only a ~5.8% correction. In a parabolic bull market, this is classic liquidation wick behavior — flushing out over-leveraged longs, not breaking the trend.
🧠 Why This Happened
• Real Yields Spiking: Cooling inflation + firm nominal yields = higher real rates, temporarily pressuring non-yielding assets
• The Dollar Smile Effect: Sudden demand for USD liquidity forces broad risk liquidation, metals included
• Profit-Taking Rotation: Funds locki