$PAXG ✴️↔️ Gold is giving us a lesson in statistics. Today
MR DEALS
Updated at: 3 hours ago
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✴️↔️ Gold is giving us a lesson in statistics. Today's −5.7% move is rare; a 4.46-sigma move 🧐↩️
In a “normal” world, that’s once every 240,000 trading days. In reality −4.67% to −6.00% occurred 34 times since 1971, i.e. in 13,088 trading days (0.26% = 1 in 385 days) ⌛️
Even bigger drawdowns happened 21 times since 1971. Message: Gold isn’t low-vol 🚨
FOMO caused the latest leg up. Now, profit taking and weak hands got shaken out. Means?
Statistically speaking, chances are that calmer days are ahead. Don't panic now 📢⌛️
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#MarketPullback #FedPaymentsInnovation #GOLD_UPDATE ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/21/f49add5fa68aa2332ee14ffd257215de.jpg"],"tags":[],"tradingPairs":["PAXG/USDT"],"quotearticleid":0}