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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 talk about gold. The past couple of days, its performance has been truly impressive, with prices rising rapidly—almost $500 in a short time, catching many off guard. Some people even pounded their chests in surprise, exclaiming, “Why didn’t I buy gold earlier?” It feels like missing out on billions…
But is it really that simple? I have to ask: if Monday really came and you were asked to place an order, would you dare to build a large position and buy? Or if on Tuesday during the day, you were prompted to buy a big amount of gold, would you dare? Have you noticed that the speed and magnitude of gold’s rise are so fast that people can’t react in time? This isn’t normal market behavior; it’s a deliberate effort to stabilize the market. So, these moves aren’t meant for retail investors—forget about it.
Moreover, can this market intervention truly push gold prices higher? The answer is unknown; only time will tell. After self-assessment, I believe it’s not feasible to buy heavily in such conditions. So, if you missed the opportunity, just accept it. This isn’t a market designed for retail investors to profit from—it’s quite reasonable that you can’t catch it.
So, should you buy gold now? My advice is to stay calm. Just because gold is rising sharply now, does that mean it’s the market’s true intention or just a false illusion being deliberately created? For this question, I suggest everyone remain rational. If there’s no clear answer, observe more and wait—time will gradually reveal the truth.
Therefore, don’t be fooled by the rapid rise in gold prices. It has little to do with us. Just watch the show. When real opportunities appear later, that’s when we can look for a chance to enter.