Extreme pessimism often breeds extreme opportunities.

Currently, geopolitical uncertainty and persistent inflation—the underlying logic of gold pricing—all seem to have failed. Gold prices fall instead of rise, and market sentiment reaches a freezing point. Many people begin to waver and doubt. But believe this: when all bearish factors have been repeatedly digested, when "decline" becomes routine, the true value zone emerges quietly.

From a technical perspective, the $4,400 level in 2026 is the lifeline that bulls must defend and the starting point of a new trend. Current volatility is merely a normal correction within the bull market process.

Next, market focus will shift from "how many rate cuts" to "how will the economy perform." Once war spirals out of control or recession arrives, gold's ultimate value in combating credit risk will be awakened once more. It may not be the sharpest spear, but it will certainly be the most solid shield.

Buy where no one is interested, sell where crowds gather. After the emotional freezing point, the turning point is often within sight.