The analyst states: The precious metals feast has ended, marking an unprecedented and once-in-a-lifetime event.

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ChainCatcher News, financial website investinglive analyst Adam Button stated that, for now, the feast of precious metals has come to an end and is considered unprecedented.

As for gold, I find it hard to imagine its price falling below $4000. If it really drops to that level, I think some well-funded investors will step in to buy, but I wouldn’t make any rash statements before that. For holders? It’s a tricky decision. Such market conditions could improve rapidly or experience significant volatility, and making panic decisions during Friday’s after-hours trading is definitely not wise.

Will we see a further sell-off similar to “Black Monday”? Personally, I believe that unless there is some trigger beyond the Iran deal, such a scenario is unlikely to occur. (Jin10)

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