X @Michaël van de Poppe
Michaël van de Poppe·2025-10-27 20:00
Gold comes down 10% in a single week.Yes, get used to it. It went 70% in a single year. That's far out of the normal boundaries of volatility, so the volatility will be high.It's going to go up 10% and down 10%.Did it peak? I don't know. Probably close for now. The reason for this is that it's quite far away from fair value pricing.Based on the monthly, it's still 30-40% away from the 20-Monthly MA.That's a lot.That's only seen before in the 70's during that massive run.Does that mean that you shouldn't buy ...