In simple terms, gold:

Starting from March, the hype has been continuous, with widespread growth. As gold prices keep rising, market attention has surged dramatically. In 2023, gold was below $2000, and few people paid attention to gold. Daily fluctuations of $50 were considered extreme, and the entire year's market movement was just over $200.

In just two or three years, gold has risen to $5600, with the highest price in RMB reaching 1200 yuan/gram. Daily movements of hundreds of dollars have become normal, with swings of several hundred or even over a thousand dollars creating rollercoaster-like excitement. Volatility hasn't changed; it's still 3-5% daily. The difference is that the base has grown larger. A 5% move at $2000 is only $100, but at $5000, it's $200-300. The old indicators and quantitative logic are starting to fail, and past experience has become a burden.

After moving from 4300 to 5300, we’ve been observing quietly, rarely trading short-term. The same applies now. I sincerely advise everyone to stay calm and let everything return to the principle of simplicity.

I believe true skill isn’t external but internal—how to reconcile with oneself, no longer being led by the market. Don’t rejoice over profits or get angry over losses. Accept everything good and bad. Trading isn’t against human nature; it’s against common sense. Human greed and fear don’t need to change; just trade in alignment with human nature. Whether in crypto or gold and silver, the core principles remain unchanged! That’s enough chatter. I hope everyone listens. Now, let’s talk about today’s market rhythm from yesterday!

During the live broadcast, I clearly suggested shorting around the 4600 region for gold, with a bearish target at 4480—this is where we are now! Today, during the European session, the rebound couldn’t hold above 4500. Market sentiment shows oscillation and hesitation. The trend requires close attention: if the 4600 resistance isn’t broken with strong buying volume, the short-term support is around 4180, which will determine the bull or bear trend!