significant pullback

Language: en

📖 Definitions

  1. A notable and substantial decrease in the price of an asset, such as a stock, commodity, or currency, typically occurring after a period of rising prices or a peak.; A substantial withdrawal or retreat of forces, resources, or a physical entity from a specific position or area.

💬 Examples

  1. Gold prices suffered a significant pullback, dipping below the critical psychological threshold of $4,400 per ounce.

  2. The military command ordered a significant pullback of troops from the border to de-escalate tensions.