In the short to medium term, gold should watch the 4700-4800 range as a profit-taking point, holding positions and waiting for a dip to buy back. It may reach above 4900, but with a "fish tail" pattern. It is expected that in April, there is a 70% chance that prices will range between 4100-4400. The long-term logic remains unchanged: reaching 6000 in the second half of the year.

I believe gold will hit 6000 in the second half of the year due to political infighting and macroeconomic issues. The uncontrolled national debt of 40 trillion yuan in the second half, and now paying interest on national debt already consumes 20% of US fiscal revenue—more than the US's largest expenditure, healthcare. Moreover, there are 200 trillion dollars in financial derivatives. The collapse of the dollar's credit is only a matter of time. #Gate广场四月发帖挑战