"The risk of gold price plunging below $1,700 is limited"
I seldom read commentaries, especially GOLD commentaries. Like Crypto salesmen, all too often, they are just cheerleaders.
Currently, GOLD at $1694 and dropping. Maybe enough for shakeout, but I doubt it in the longer term.
Sometime ago, when NUGT lost $40 support, I recalled that years ago it got into the single digits and they did a 5 for 1 reverse split. Then it fell even more!
Edited by Rogerdodger, 01 September 2022 - 09:19 AM.