刚刚！大牛市突遭警告！

Core Viewpoint - The article discusses the recent fluctuations in gold prices, highlighting a potential short-term correction despite a strong long-term bullish outlook for gold due to macroeconomic factors and geopolitical risks [3][4][5][10]. Price Movements - On October 9, 2023, spot gold and silver prices reached historical highs before declining, with spot gold dropping below $4000 per ounce, closing at $3990.24 per ounce [4][5]. - COMEX gold futures fell by 1.95% to $3991.1 per ounce, while COMEX silver futures decreased by 2.73% to $47.655 per ounce [4][5]. Market Analysis - Analysts warn that gold is currently in an overbought state, with potential short-term corrections of 5%-6% expected [5][8]. - The recent price surge is attributed to concerns over a U.S. government shutdown and geopolitical risks in countries like France and Japan, which have heightened market anxiety [4][5]. Long-term Outlook - Despite short-term risks, the macroeconomic fundamentals supporting gold remain strong, with expectations of continued demand from central banks and ETFs [9][10]. - Key factors supporting the long-term bull market for gold include: 1. Monetary policy easing, with expectations of interest rate cuts by the Federal Reserve [11]. 2. Ongoing geopolitical risks that reinforce gold's status as a safe-haven asset [12]. 3. Strong official and investment demand, particularly from central banks [12]. Future Predictions - Analysts predict that if the current bull market can replicate past performance, gold prices could exceed $5000 per ounce by 2026, with some forecasts suggesting prices could approach $7000 per ounce under extreme scenarios [6][12].