Hello @NewbieScalper
I know what you are saying about the gold price. Lately, it has rallied from 2000 to 1600 and now back to 2000. In my opinion, the price of gold is getting a lot of attention now, and many parties are in trade.
https://www.usfunds.com/resource/central-banks-are-buying-gold-at-a-record-pace-so-far-in-2023
In my opinion, in the long run, it will appreciate, but in the short turn, I think we will notice multiple ups and downs.