The most common question during the live stream is: Why are gold and silver dropping so hard?\nIt's because the market is repricing a core logic: the Fed might not cut rates anymore, and could even hike them again.\nThis drop isn't about gold's long-term logic collapsing;\nit's just that gold has given back the expectations of "future rate cuts" #XAU .\n\nIf we don't see a significant bounce at the 3860-3920 support level, which would halt the one-way sell-off structure, then gold will need to hit the 3200-3400 range to find some key support on the charts.$XAU