At the end of October, before the US presidential election, we specifically pointed out that gold had reached the medium and long-term target position, and it was time to take profits. At that time, the price of gold was around 2750. Although there were higher highs afterwards, looking back now, it was obviously a suitable appearance. In addition to price changes, more importantly, short-term and medium-term trends, and even long-term structures, gold shows obvious signs of loosening.First of all, from the perspective of the weekly situation, gold broke through the swing low last week, which was the first time since the autumn of 2023, when gold had not yet set a new record high. Generally speaking, if this low point is no longer gradually raised, it means that the obvious rally has stoppe