#BinancePick
Gold has fallen more than 25% from its January highs, while traders are expecting another Fed rate hike in December.
Back in November 1978, a remarkably similar setup triggered another 20% drop in gold within a single month.
But here's the interesting part…
By January 1980, gold had surged more than **3x from its lows.** 🚀
**History doesn't repeat itself, but it often rhymes.** 👀
#Gold #XAUUSD #FedRateWatchCreate #PreciousMetals
Gold has fallen more than 25% from its January highs, while traders are expecting another Fed rate hike in December.
Back in November 1978, a remarkably similar setup triggered another 20% drop in gold within a single month.
But here's the interesting part…
By January 1980, gold had surged more than **3x from its lows.** 🚀
**History doesn't repeat itself, but it often rhymes.** 👀
#Gold #XAUUSD #FedRateWatchCreate #PreciousMetals
