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KanT Crypto
📉 Gold Got Cold
$4,680 to $4,370, and the shine wore off fast.
Everyone screaming top. But is it, or just a nap?
Here is the twist: gold did not fall from fear. It fell because of oil.
Crude cooled off hard as Saudi Arabia rerouted its exports.
Cheaper oil means softer inflation fears.
And gold, already overstretched from its run, used that as the excuse to exhale.
Base and bounce, or one more leg down to $4,270? 🔥.
$XAU $XAUT $PAXG
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