Nathalie Johe
Such extreme movements usually occur when everyone thinks that prices can only go up. Then leverage is used, and when enough people are on board, there is a rug pull. That is why I am shorting a small position in $JNUG (Direxion Daily Junior Gold Miners Index Bull 2X Shares) , as it will definitely go towards 0$ in the long term, regardless of how high gold rises. In fact, I believe that such dips in $GOLD are worth buying, but only without leverage and only as a currency hedge. (This is as always not a financial advice!)
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