This wave of gold on Wednesday is too fierce! The bull market has officially entered an accelerated phase, rising sharply and steadily, without any pullbacks! From the beginning of the year until now, gold prices have skyrocketed by over 17%, breaking through the key level of $5000, and have not given bears a chance to counterattack at all. Instead, it has been strong and sideways in the $5050-$5100 range—this is not an adjustment at all, it's clearly the bulls gathering strength, preparing for the next wave of rises, which shows just how strong the bulls are now!
Little Yellow Fish has told everyone countless times that the core logic driving the rise in gold has not changed at all! Multiple positive factors coming together have directly maximized the investment value of gold: geopolitical tensions are flaring up everywhere, and risk-averse sentiment is rising sharply; global central banks have been buying continuously, and ETF funds are also rushing in, this dual driving force has directly solidified the foundation of the bull market!
Therefore, this wave of accelerated rise is definitely not short-term speculation, but a solid logical resonance, it will definitely rise! After a period of sideways consolidation at high levels, it will surely charge towards even higher points! In terms of operations, everyone should not hesitate, decisively follow the trend of the bull market, directly position long positions relying on support levels, and be sure not to miss this trend bonus!
In summary, today’s short-term strategy is very clear: buy on pullbacks, and avoid shorting on rebounds as much as possible! Focus on breaking through the resistance at the $5280-$5300 level, aiming for $5350 above, and closely watch the support at the $5200-$5230 level below. Follow the rhythm, and there’s a high probability of making a profit!
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