Let me briefly share my reference for gold prices. After all, I personally hold a few million in gold positions. My approach is mainly based on my own observation method using star lines—I don’t follow the news; it’s just a rough cycle deduction. Don’t take this as direct trading advice, as I don’t track gold daily for updates.

If we consider the sideways movement of gold in 2020 as an accumulation phase (like pulling a bow), projecting forward, the targets I see for March–April 2024 are around 4370 and 4737. The current price has already reached a relatively high level, and new time pivot points are gradually emerging: May 19, 2025; October 28, 2025; and November 3, 2025. These dates will be quite critical.

I’ve cross-checked these price points with the star lines, and I haven’t seen the extremely aggressive paths often mentioned in the market, such as above 5000. Based on the pullback structure, the highest I see is around 4700. So chasing long positions at these high levels definitely carries much more risk than at lower levels. You need to have a clear sense of what’s considered high and what’s considered low.

Gold’s volatility may be very significant in the future. When it goes up, people shout for 5000 or even 10000, and when it goes down, they call for 2000. These extreme expectations aren’t very reliable—the key is not to chase at the highs when emotions are running hottest.