Gold trader reveals why $3,350 price drop signals hidden opportunity
Key Points
- Gold dipped from $3,350 as investors shift focus back to ris...
Gold just pulled back from $3,350 after hitting a two-week high, and suddenly everyone's acting like the precious metal caught them cheating with their portfolio. The reality? Investors are simply remembering that other assets exist, and risk appetite is making a comeback faster than your ex on social media.
The Fed's September Surprise Party
Here's where it gets interesting: the CME FedWatch Tool shows a whopping 92% probability of a Fed rate cut in September. That's higher odds than finding someone who actually reads the terms and conditions. This dovish pivot is keeping gold from comp...
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