💥The break of the wedge pattern on the S&P and the instability in the Middle East are major concerns for the markets.
🌍Geopolitical risks, such as tensions in Ukraine and the Middle East, are contributing to the market slide.
💵The strong US dollar is a safe haven for investors during times of uncertainty.
📉The sell-off is also driven by negative comments from CEOs regarding inflation and the US economy.
🏦Central banks, including China, have been buying more gold, indicating confidence in the precious metal.