Gold prices plunged from 1.46L to 1.42L in a week, and the global market has pulled back nearly 30% from its peak. Watching this sell-off, even I’m nervous for the bulls. Liquidity is thin during the Asian session, which often leads to absurd price swings, and there’s a fair amount of bear-trap activity. 3870 is strong support; it won’t be out of the woods until it gets back above 4100. My take: don’t chase the drop. Wait for signs of stabilization—don’t catch a falling knife. What do you think: buy the dip or wait?