Retail investors remain confident in gold despite recent selling as healthy profit-taking replaces panic, says EverBank's Gaffney

Gold remains weak near the $4,000 level, but downside support is holding and retail investors are not capitulating. The expert frames current selling as disciplined profit-taking rather than financial distress, suggesting the move is more technical/positioning-driven than fundamental.

Analysis

Gold remains weak near the $4,000 level, but downside support is holding and retail investors are not capitulating. The expert frames current selling as disciplined profit-taking rather than financial distress, suggesting the move is more technical/positioning-driven than fundamental.