Retail & Central Bank 'Dip-Buyers' Emerge As Gold Drops Below $4000
ZeroHedge·2025-10-29 06:00
Gold is “an overcrowded trade that’s overextended by every technical metric,” Nicky Shiels, head of research at precious metals refiner MKS Pamp SA, wrote in early October, getting ever more overbought.The reckoning came last week and extended losses this week, with the precious metal back below $4,000...Source: BloombergThe crash that everyone saw coming has now dragged the commodity well off the ledge of overboughtness...Source: BloombergThe 'dip' has, however, brought out a new wave of buyers - from reta ...