Gold (XAU) has risen from 4320 on Friday, December 18, to a new high of 4420, an increase of 100 points.
The young master does not believe that this is just a technical breakthrough; in a bull market, new highs continuously emerge one after another. Instead of subjectively predicting market trends, it is better to follow the trend to analyze the future market.
The concept that has been continuously instilled before and after the interest rate hike is that the benefits brought by the interest rate hike are sustainable, and the long-term upward trend remains unchanged. Corrections are a normal adjustment.
How many partners did not listen to advice and insisted on guessing the peak to short, only to find themselves stuck halfway up the mountain, either trapped or liquidated...
