Core Viewpoint - The gold market experienced a significant crash, with prices dropping from nearly $5,600 to $4,682 in just two trading days, indicating a panic sell-off triggered by market sentiment reaching extreme levels [1][3]. Group 1: Market Movement - On February 2, gold prices fell sharply, with a drop of $500 on Thursday night followed by a nearly $800 decline on Friday [1][3]. - The market sentiment was noted to be at a peak before the crash, suggesting that the top often appears when market enthusiasm is highest [1][3]. - The volatility in gold prices has been extraordinary, with fluctuations of $300 observed in a single morning session [1][3]. Group 2: Trading Strategy - Following the breach of the $4,682 support level, further declines are expected, with a potential target of $4,500 for short positions [2][4]. - It is advised to be cautious of panic selling, as it may lead to a significant downward trend, but a rebound could follow after the initial sell-off [2][4]. - Traders are encouraged to wait for clear trading signals and to manage their positions carefully, as the current market conditions are highly unpredictable [1][3].
陈峻齐:抛售延续 黄金继续破低下跌
Xin Lang Cai Jing·2026-02-02 09:19