Gold Rebounds Sharply to $4300! Is It Too Late to Buy?
Gold ETFs gained 2.59% as spot prices stabilized near the $4,000 level before rebounding back above $4,300, having bottomed around $4,050 over the past seven days. Bulls see it as a recovery from oversold conditions; bears view it as a dead-cat bounce in a risk-on market. Whether $4,000 holds as the cycle floor will define gold's next directional move. Will you buy this dip, or wait for a breakout above prior highs before committing?