Since February 2024, gold has only returned to touch the low level of the previous month once, which was in November 2024.
And currently, the market is repeating that once again.
It sounds scary.
But in a strong uptrend, such pullbacks are sometimes not a sign of weakness…
but rather a sign that the market is still moving with great strength.
The 4,300 mark is currently the lowest point of 2026.
If we look back at the history of bullish gold phases, retests of important low areas like this tend not to break the trend immediately, but are often where very noteworthy buying opportunities are created.
The important thing is not whether the market is declining or not.
The important thing is: in what context is it declining.
If this is still a true bull market, then those dips to the annual lows are often when pessimistic emotions peak… and also when opportunities begin to appear.
Thus, 4,300 is not just a number. It could be the zone that the market forces the majority to doubt, before continuing to prove that the larger trend is not yet over.
