Gold has collapsed, recently experiencing a continuous sharp decline, and many moms who invested in gold are already crying in the bathroom.

At the beginning of this year, when gold surged dramatically, I kept warning everyone to be cautious of risks, not to chase highs, as it would plummet and stay trapped for a long time. If someone had listened back then, sold at the high, and not bought the dip, they would be very happy now.

On February 2nd, during the epic crash of gold, it once plunged to 4408. This bottom was broken by the spike on March 23rd, which dipped as deep as 4098. Now, this bottom is likely to be broken soon as well; this time, it won't be a spike but a real candle close, meaning there won't be a strong rebound.

The largest bullish institution, Citigroup, in November last year, predicted gold would reach $5,000 in 2026 and $6,000 in 2027 during the gold rally. Now, they have reversed their stance; the latest research report says gold will fall to $3,500.

These international investment banks also chase the trend, buying high and selling low, appearing very professional, but their predictions are not as accurate as mine.

Currently, domestic gold prices have fallen below 1,000 yuan per gram, now only around 900 yuan. Many moms who bought at over 1,000 yuan are now trapped. Don't worry, gold has entered a bear market, and this will be a long-lasting bear market with continuous downward movement. Here, I’ll share a forecast: in the next few years, international gold prices will fall below 3,000, and domestic gold prices will drop to around 600. #美国5月CPI创三年新高