A sharp and significant price pullback would lead to a sentiment cleansing, allowing the overarching rally to continue afterwards and potentially maintain strength until next spring.
The yellow metal today at 2674 is undervalued by some -1069 points per its 3743 Dollar debasement value. Dip Gold may near-term do, but long-term do not Gold eschew.
When the Fed finally followed the market in lowering rates, the market made the Fed look even more foolish by starting its decline in bonds the day before the Fed announcement.