#当前行情抄底还是观望？

Gold's rollercoaster ride—don't panic, ordinary folks. A few days ago, it was hovering at all-time highs, then suddenly plunged, yesterday it was violently pulled back into a deep V, with bulls and bears fighting back and forth. Those chasing the high got trapped, bottom-fishers are shaken, and those who haven't entered are more confused: can we still buy now?

Here are some key positive factors about gold right now:

1. Our central bank has been increasing its gold holdings for 15 consecutive months, adding another 1.24 tons. As long as the central bank keeps buying, gold has a strong bottom support. Those calling for a crash—just listen.
2. International gold prices have returned to $4,900, and the domestic market has also reached 1108, showing genuine buying strength.
3. Tensions in the Middle East are rising again, boosting risk aversion sentiment, which is a real positive for gold and silver.
4. Exchanges have recently frequently adjusted margin requirements and experienced technical glitches. Remember when silver prices surged earlier, similar issues occurred. As the delivery month approaches, volatility will only increase.
5. Bitcoin is rebounding, and gold and silver are likely to follow suit. Short-term sentiment is warming up, presenting a good opportunity.

Finally, a reminder: the Spring Festival holiday is coming soon, with only 5 trading days left. After that, international markets will operate as usual. In previous years, foreign markets often took advantage of our trading halt to make a move. This year, it’s unlikely to be smooth sailing either. Be aware of your positions.
Also, with the New Year approaching, big institutional traders and bosses are also celebrating. They’ve already made a lot of money, so big swings up or down are unlikely during this period. There may be some small fluctuations, but everyone is preparing for the holiday—if everyone’s losing money, how can they enjoy the New Year?
$XAU