Gold is really having a wild day today with both longs and shorts getting liquidated. It dipped to the 4k range at its lowest. Although gold has shifted from being a safe-haven asset to a speculative one, the overall upward trend remains unchanged as long as external factors stay the same. This is just a short-term profit-taking by the bulls. After such a long rally, it's perfectly normal to see some consolidation and a break. There's strong support around the 4500 level, so if you're not in a rush, you can wait for a bottom range to form before entering.