$XAU
📊 GOLD (XAU/USD) CURRENT: $4,622 per ounce (down 4.05%)

🔍 WHAT'S HAPPENING (MARCH 20):

Gold just crashed below $4,700 — its lowest level since February 6!

Why the sharp drop?
• Fed signaled only ONE rate cut in 2026
• Dollar strength surging
• Investors rotating out of safe-haven assets

💡 MY TAKE:

This is an OVERREACTION. Historical patterns show gold rebounds quickly after initial selloff. JPMorgan still targets $5,530 Q2 and $6,300 Q4.

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#Gold #XAUUSD #Fed #JPMorgan