I don’t believe the $XAU run is over, yet.

Governments around the globe have been buying thousands of tonnes of gold.

A full monetary reset is underway, and a massive geopolitical shift and re-alignment is in full swing.

For a trade, not too late to catch some more upside IMO. Expect a strong bounce after touching the 50 day moving average. (The top blue line).

Standard correction after a monumental run. Great shake out of retail, too.

XAU
XAUUSDT
4,908.07
-4.30%