#Polymarket每日热点

My thoughts on gold prices in May: I believe this decline is just a short-term correction, and this month is likely to see a stabilization and rebound, regaining the $4,500 level.

This time, gold dropped by 1% intraday, losing the $4,500 mark. It was mainly due to short-term profit-taking and pressure from the dollar rebound, and it hasn't changed the long-term upward logic. Global geopolitical risks still exist, and although the Fed's rate cut expectations have been delayed, the long-term trend remains unchanged. The demand for gold as a safe haven and inflation hedge still persists. Moreover, this decline has already released a lot of short-term risks, and the support levels below are relatively strong. After technical oversold conditions, it’s easy for funds to start bottom-fishing.

I don't think gold will continue to fall sharply in May; instead, I am more optimistic about it regaining strength after some volatility. As long as the dollar and real interest rates do not experience a trend reversal, the upward trend of gold will not end. This correction actually provides an opportunity to buy at lower levels.