The daily chart looks like it was a drastic drop. Then you look at the weekly chart and the price was sold down to support level. If next week price does not drop further, it is likely to have a technical rebound.
US inflation looks poised to rise in the future.
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The latest 1-year inflation expectation had spiked to 3.8%.
This spike could be caused by the Iran war and the US consumers were
expecting higher inflatio...
2 hours ago
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