After hitting record heights, gold is pulling back as traders lock in profits. This classic move plays out whenever any asset runs up hard—people who caught the upside early aren't waiting around to see what happens next.

The shift is worth watching because gold traditionally moves inverse to risk assets like crypto. When traditional markets get nervous, money usually flows toward safe havens like precious metals. But when the momentum breaks, it can signal changing sentiment in broader financial markets.

Right now, it's a straightforward consolidation pattern. Profit-taking pressure is natural after a strong rally. The real question is whether this pullback finds support or if we see deeper weakness. Either way, it's a reminder that even assets with centuries of history still follow market cycles—rallies attract buyers, peaks attract sellers, and the wheel keeps turning.