Gold’s plunge last Friday is not the end of its struggles. That’s because, even in the wake of Friday’s plunge, gold investors are still exuberant.
This absence of bearish fear suggests to contrarian analysts that more downside is ahead for gold GC00.
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Here’s the real reason gold prices plunged — and why the selloff likely isn’t over yet
Gold’s plunge last Friday is not the end of its struggles. That’s because, even in the wake of Friday’s plunge, gold investors are still exuberant.
This absence of bearish fear suggests to contrarian analysts that more downside is ahead for gold GC00.