Monthly RSI was 95% . Another 300-400 points correction is expected.

$PAXG

✴️↔️ Gold is giving us a lesson in statistics. Today's −5.7% move is rare; a 4.46-sigma move 🧐↩️

In a “normal” world, that’s once every 240,000 trading days. In reality −4.67% to −6.00% occurred 34 times since 1971, i.e. in 13,088 trading days (0.26% = 1 in 385 days) ⌛️

Even bigger drawdowns happened 21 times since 1971. Message: Gold isn’t low-vol 🚨

FOMO caused the latest leg up. Now, profit taking and weak hands got shaken out. Means?

Statistically speaking, chances are that calmer days are ahead. Don't panic now 📢⌛️

If you like me, like, follow and share the post🩸 Thank you 🙏 I love you

#MarketPullback #FedPaymentsInnovation #GOLD_UPDATE