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Zong Xiaoli: Gold prices surge significantly, what is the reason behind this? Should we rush to get on board?
Today let’s mainly talk about gold. Its performance over the past few days has indeed been impressive, with prices rising quite rapidly, almost by 500 dollars, catching many people off guard. Many are even slapping their thighs in disbelief, exclaiming: Why didn’t I buy gold earlier? It’s like missing out on hundreds of millions…
But is it really that simple? Let me counter-question: on Monday, if you had to place an order, would you dare to make a significant purchase? Or on Tuesday during the day, would you dare to buy a large amount of gold? Have you noticed that the speed and extent of gold’s rise are incredibly fast, leaving no time for reactions? This is not normal market behavior; it is a deliberate support action. So this market trend is not prepared for retail investors, so give up on that idea.
Moreover, can this support really push gold prices up? The answer is unknown; only time will tell. After self-assessment, I determine that it is impossible to make significant purchases in this situation, so missing out on this trend means missing out; after all, this is not a market trend meant for retail investors, and it’s quite reasonable to be unable to participate!
So, can gold still be purchased? I suggest staying calm! Don’t be fooled by the current strong rise in gold; is this the market’s true intention or a deliberate fabrication? Regarding this question, I advise everyone to view it rationally. Without an answer, it’s better to observe more, as time will gradually reveal the correct answer…
Therefore, even though gold is rising sharply, it actually has nothing to do with us. Just watch the show, and when real opportunities arise later, we can seek to enter the market then!