Spot gold falls below the $4,000 mark, reaching its lowest level since November last year.
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```htmlGolden Ten Data reported on June 24 that spot gold has fallen below the $4,000 mark, marking the first time since last November. Adam Button, an analyst from the American financial website investinglive, stated that the peak of this rally coincided with the United States staging a coup in Venezuela, but the real crash occurred after the outbreak of the Iran war and Turkey's decision to sell $120 billion in reserves to defend its currency exchange rate. The latest critical blow came from Federal Reserve Chair Walsh's unexpectedly hawkish debut, which triggered a broad strengthening of the U.S. dollar. From a technical chart perspective, the outlook is not optimistic, but there is some support near the late October low of $3,885.```
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