Analyst: The precious metals boom is over, an unprecedented event
BlockBeats News, January 31, Adam Button, an analyst at the financial website investinglive, stated that for now, the precious metals feast has ended, and it can be described as unprecedented. As for gold, I find it hard to imagine its price dropping below $4,000. If it really falls to that level, I believe some powerful investors will step in to buy, but before that happens, I won't make any rash statements.
For holders? This is a tricky decision. This market situation could improve rapidly or experience significant volatility, and making panic-driven decisions during Friday's late trading session is by no means wise. Will we see a further sell-off similar to "Black Monday"? Personally, I think unless there is some trigger beyond the Iran agreement, such a situation is unlikely to occur. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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