But that also does not mean that we start buying immediately on the first day of a sharp correction. We have to find out the points where the market will get into an equilibrium phase which means when the selling abates and when we will see good emergence of buying coming across into the market internals.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest