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Benzinga
119 days

Gold Is Up 30% Year To Date But 'Could Be Ripe For A Correction': Analyst

1. Gold soared over 30% in 2025, hitting an all-time high. 2. Analysts note gold may be overbought and ripe for correction. 3. Potential pullback could see prices drop towards $3140. 4. SPDR Gold Trust GLD closely follows gold's movements. 5. Miners may be more affected if gold prices cool down.

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FAQ

Why Bearish?

Historical data shows corrections follow overbought conditions in gold. Past corrections have led prices to drop significantly.

How important is it?

Gold's potential correction could adversely impact AAAU as it closely correlates with bullion prices.

Why Short Term?

Recent indicators suggest immediate price corrections could happen soon due to market overexposure.

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