GOLD'S WEEKLY COLLAPSE WORSE THAN 1983 $XAU 📉

BlockBeats News, March 21st. The escalating Middle East situation and shifting interest rate expectations have triggered a significant price drop in gold, marking its largest weekly decline since 1983. Spot gold fell to approximately $4488 per ounce on Friday, experiencing an 11% cumulative weekly drop and over a 15% decrease since late February. Market analysis suggests the Fed may hold interest rates steady this year, with Powell's comments on rising inflation diminishing gold's appeal.

WHALES ARE ROTATING. LIQUIDITY IS SHIFTING. SECURE YOUR POSITIONS. FOLLOW THE SMART MONEY.

Not financial advice. Manage your risk.

#Gold #Macro #Inflation #InterestRates 💰

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