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How profitable is the strategy of only chasing highs and not bottom-fishing for gold?
Golden Rabbit January 20 Gold Investment Daily
On January 1, after Qimen Dunjia divination predicted gold, I bought on January 4, investing a total of 20 W ➕ in ICBC and X W in CCB gold ➕, 5 grams of ICBC physical gold.
First thing in the morning, I open the trading software to check today’s $XAU trend. After reaching a new high yesterday, gold is currently slightly retracing, with the price at $4,662 per ounce.
The reason for yesterday’s new high was due to the world’s largest gold ETF increasing holdings by 10.9 tons, and Trump announcing ✅ tariffs on several countries.
Gold and silver also hit record highs yesterday, with gold rising over 2% and silver over 4%, setting new historical records.
Latest news: Swiss banks forecast that by 2026, gold could reach $6,000 per ounce, and Chinese gold prices could hit 1351 yuan per gram.
Currently, ICBC’s accumulated gold price is 1044 yuan per gram, and Rabbit ICBC’s profit is 11,021 yuan.
Holding for half a month with a 200,000 account, a 10,000 profit—very satisfied.
Jewelry gold may reach 1750 yuan per gram.
Warm reminder: as gold and silver prices rise, besides buying paper gold at the Big Four banks, try to buy physical gold as much as possible. Many merchants have already started closing shops or fleeing.
My fans and big bosses say silver will reach $300 per ounce.
Many people are waiting for gold to retrace before deciding to buy in, but some say, if it retraces, would you still dare to buy?
Everyone asks, will we see gold at three digits per gram again?