Why Gold's Worst Day in 12 Years May Not Mark a Top | Crypto Craft

  • Why Gold's Worst Day in 12 Years May Not Mark a Top

    From youtube.com/forexcom

    A weak UK CPI reading puts a potential rate cut on the table for the BOE, and gold's big drop yesterday has traders questioning whether the multi-year uptrend is ending. FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, Gold.
Comment Options
Twocans
Oct 22, 2025 8:00am
Permalink
EUR/USD is about to clear major pivot point now. FYI
Blessed-man
Oct 22, 2025 8:27am
Permalink
You did not see Gold several best days and weeks in the last few weeks/month

What goes up sometimes come down (should not say always come down, someone will say; how about S & P and other indexes)
Reply
tame1970
Oct 22, 2025 9:07am
Permalink
The market is in the hands of big capitalists. And they determine when the price goes up and when it goes down. If ordinary people like those few capitalists could unite, like in a platform, then they could resist the rise in the price of some goods. For example, by uniting in not buying a certain product in a short time. But that will never happen.
Reply
Trader#C6A3
Oct 22, 2025 9:32am
Permalink
I told people here to hedge gold because it started acting like a meme stock a couple days before the sell off.

The move above 4k was obviously wild speculation, which is why I told people to hedge. However, it’s completely normal to have a pullback to 4k and do what’s called backing and filling. All completely normal as any real traders know.

It’s too early to tell where we are yet, have to wait to see if 4k holds or not.
Reply
Trader#876C
Oct 22, 2025 8:06am
Permalink
Quoting Twocans
EUR/USD is about to clear major pivot point now. FYI
huh?
Reply

  • News / Latest Stories

SEC Settles FOIA Suit With Coinbase. Agency Pays $150,000 Over Lost Gensler Text Messages
From financemagnates.com | 30 min ago
The US Securities and Exchange Commission has agreed to pay $150,000 in legal fees to settle a Freedom of Information Act lawsuit brought by Coinbase. The suit closes a two-year dispute over internal records from the agency's crypto enforcement campaign under former Chair Gary Gensler. The agency's inspector general found in 2025 that text messages from a ...
It's time to pass the CLARITY Act
From a16zcrypto.com | 1 hr 23 min ago
Every generation gets a chance to upgrade its infrastructure. In the 1990s, it was the internet. Policymakers worried that it would disrupt existing industries and create new risks. But instead of cramming the technology into outdated regulatory boxes, lawmakers established rules that let innovation flourish while protecting consumers. The result was one of ...
US, Iran Suggest Peace Talks Aren’t Imminent as Attacks Widen
From finance.yahoo.com | 2 hr 5 min ago | 2 comments
The US and Iran signaled they aren't ready to return to the negotiating table after both countries escalated attacks deep into a second week of renewed fighting. US President Donald Trump said Wednesday that the Islamic Republic will pay a big price for the deaths of four US troops in the past week. He earlier vowed on social media that the US "will bomb ...
  • Story Stats