Retail is buying for fear of the current economic uncertainty, so it's a good time for whales to squeeze the longs (and create even more uncertainty/FUD, to be exploited later)
JP Morgan has a huge short position
Multiple indicators are all pointing to an oscillation reversal (e.g., MACD about to cross down, RSI about to cross down, etc.)
I don't expect the price to reach too low. Around $34.88 for the IAU ETF.
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