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I am the first and the only person in the entire market to clearly tell you last week: the trend has already reversed.
It was on the day when the market just broke out of the bottom consolidation zone that I directly characterized it — this is not a simple rebound, but a trend reversal. I also repeatedly emphasized that the subsequent movement would mainly be oscillations.
Since then, the market has continuously broken out, retested for confirmation, and broken out again, fully confirming my judgment. If you go back and review my recent posts, my views have been clear and firm. I already said at the time: starting this week, more and more people will follow the trend and say the market has reversed.
But the problem is, by the time gold price actually breaks through the trend line and everyone sees the rise clearly, telling you it’s a reversal — what’s the point?
By then, gold had already risen above 4800. If you only realize it late and rush in, you’re very likely to face a pullback in the short term, just like the previous sharp correction, which many people simply couldn’t withstand.
Some may question: Didn’t I say it was a reversal? Isn’t the decline a false kill?
That’s correct, the judgment was entirely accurate, but that’s how the market works. It’s necessary to completely wash out the indecisive and those who can’t hold on, so the market can continue to rise.
Every time gold pulls back, the bearish voices are never few.
If you’re afraid, just exit; if you want to make money, you can’t just read a few articles and blindly follow the trend without thinking.
The market in the future is no longer the era where you can profit just by casually looking around.
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