Zong Xiaolie: Attention! The gold downtrend has emerged; beware of taking another hit tonight!

The trend of gold last night and this morning, I believe everyone has seen it. Is there anything you’d like to say?

Actually, the vast majority of people looking at this wave of gold movement would find it unbelievable—how can gold change so suddenly? It was continuously soaring earlier, and then it turned around just as quickly, with such a large magnitude and rapid speed, leaving people stunned!

To be honest, this move was predictable, but the exact timing of its appearance could not be forecasted. Because behind this action is not market law but human activity—only when buying power suddenly halts and selling of gold occurs simultaneously can such an exaggerated and swift market move happen. There are no prior signs or warnings at all.

After all, the gold bubble is really too big. The previous continuous rise meant it was a must-buy situation, but now there’s no need to buy anymore. Gold can then start a correction or even turn into a trend reversal…

Therefore, the main purpose of this article today is to remind everyone—gold’s resistance has begun to show, so don’t take it lightly. Those who need to take action should do so quickly, because the next step will be a test of patience. Who can laugh last? Let’s wait and see together!