Gold Falls Hard as War Escalates — Unusual Market ReactionGoldOANDA:XAUUSDKlejdiCuniGold Falls Hard as War Escalates — Unusual Market Reaction At a time when the whole world is worried about World War III from the war that the US started with Iran, we could see a big drop in the price of gold. Yesterday the price of gold opened with a small GAP despite the US attacking Iran over the weekend. The war is escalating further in the Middle East raising many questions about the future. Surprisingly, we see gold falling by -6.3% in less than 12 hours. If this is not manipulation, then I can't find any other words or logic behind these movements. It is a big drop for a market that is worried about a bigger war that could escalate to many other countries. Gold serves as a safe haven asset mainly for times of war or high inflation moments. Apparently, Gold was very strong when there was no reason and every time we have reason, it weakens. The strength of the USD can be assumed as a shift of liquidity into safe haven currencies. However, the strength of the USD cannot push Gold down because Gold is a stronger safe haven asset for such situations. The manipulation is happening by those Big Hedge Funds that have been manipulating gold for a long time. Technical Analysis: Gold fell by -6.3% in less than 12 hours. It has nothing to do with profit taking by retail traders. The big sharks sold to buy cheaper and more. If they are happy with 5090, then this area should push gold back up. If it moves lower, then this will be an even crazier manipulation. Who is doing this no one knows because Gold is not in line with geopolitical tension.