Gold has collapsed, and those trying to catch the bottom are bleeding out!

Over these live streams, I've been earnestly advising you not to touch it. Once 4860 breaks, it's 4300 or even 3600. How many of you actually listened! I've already made a clear judgment on gold's overall trend. We went from 4300 to 5300 last year, and eating one wave of the bull's tail was enough. Everything else is just a bubble, and getting caught in it is a bottomless pit. Profit-take and get out quickly!

But now you, wanting to catch the bottom during the crash, the result is there's simply no bottom! Why don't I play gold this year, I've said it repeatedly, and now many fans are stuck with long positions in the 5000 range. What do you want me to do for you? Since you've already decided to be trapped, besides waiting, what else can you do?

Second, there's another batch of fans who bought physical gold and silver. As long as it wasn't bought at the peak, just treat it as an optional investment and don't worry too much about it! Wait until Q3 or half a year and take another look!

Finally, let me share my outlook on gold. My view is that in the short term, there won't be major improvement. The selling pressure is very strong as 4300 breaks down rapidly; it won't quickly bounce back to 5000 in one go. The first rebound from 5500 to 4600 had the support of war backdrop. Now there is support, but it's purely washing out longs!

At this moment, don't use past thinking to judge. War doesn't necessarily mean the price goes up. Looking at Bitcoin's recent trend, the war-driven safe haven hasn't worked either; instead, it ran up to 74000 and then started falling—same principle.

A rebound to 4400-4500 is normal. Weekly line shows consecutive declines, monthly line shows an engulfing massive bearish candle, all technical indicators are pointing downward. If I were to intervene, I would choose the 4380-4460 zone to short, targeting 3880!

There's no confidence for catching bottoms in the short term, and I'm dead serious, not joking! For any product type, I am professional! Ten years of consistency! Only trading the market moves I'm confident about! #黄金创43年来最大单周跌幅 $XAUT