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International spot gold failed to break through $3,500 per ounce on April 22nd last year, after which it underwent a prolonged 4-month consolidation period. It wasn't until August 20th that it gradually climbed upward, taking over 5 months to reach a historic high of $5,596.74 per ounce. The gain reached as high as 67%.
Friends who participate in the stock market know the saying: "The longer the consolidation, the higher the climb."
So I ask: if there had been no 4-month consolidation period back then, how could the subsequent rally have been so magnificent?
Currently, gold prices are at an all-time high, coupled with the global economy facing unprecedented challenges and crises. We're also facing a century-rare historic turning point in the transition between old and new world order. Therefore, when any incomprehensible events occur ( such as the odd phenomenon of gold actually declining during times of war ), I believe it's all understandable.
The key question is: in the midst of such unpredictable fog, how do we respond and position ourselves? It's worth careful consideration for everyone.
As for me? When others are fearful, I am greedy! That's my strategy! #加密行情震荡