Gold's decline could be the start of a correction. ๐
Yahoo Financeยท2025-10-22 19:59
Gold is extending declines after seeing its worst one-day performance in over a decade. Certainly a sharp sharp move for the precious metals in general. This could be the start of a correction which would be 10% or more off its high.Right now gold is off about 8% off of its high. UBS saying that they believe that this sharp move to the downside was mostly technical. There's no real macro or geopolitical reason.I mean, you have had Wall Street strategists talking about how this has been overstretched, overbo ...