May be the clearest gold market analysis on the entire network "August 24, 2026 If you only want to know whether gold will rise or fall tomorrow, this tweet can be bookmarked first. But if you really want to figure out something more important - is the rise starting from 3942 a new trend or a rebound against the decline from 5600-3942? Today's tweet is worth reading carefully. Because this issue is not clear, facing 4773, 4965, or even 5000 gold in the future, you will see a completely different world. As early as March 2026, we had anticipated the trend of gold as shown in Figure 1. In the following three months, regardless of rhythm, magnitude, structure, or time, the market will basically follow the framework at that time. On July 30th, we provided the expected path for Figure 2. My analysis has never liked to be both demanding and demanding, nor do I like to come out and explain the market after it's gone, or make excuses for missing out on the market. At that time, my judgment was very clear: 3942 was a temporary low point, and gold would usher in a large-scale rebound next. In less than a month, XAU Gold has reached above 4670. Congratulations to my old friend who has been following my gold analysis tweets. Even if you haven't eaten the entire market, at least you won't go against the trend and short. Has the decline in gold come to an end? Do you want to continue taking off? Everyone, please calm down first. Let's make a clear division of the high-level structure of gold: As shown in Figure 3, there are currently two major structural divisions for gold: red and blue Red: The current bull market of gold started in 2016, and the decline since 5600 is only a correction against the rise from the low point of 1614.9 in 2022 to the high point of 5600 in 2025. Currently, the correction has ended at 3942, which is a new rise rather than a rebound. This level of increase is the same as the level of 1614.9-5600, and 6400 is the first target level under this path; Don't get excited at this point, I can say very clearly that unless I can see gold stabilize above 5167 in September, the red path has no possibility for me at the moment, for a simple reason: The slope of the decline from 5600 is too steep and too fast, and overall it doesn't seem like a normal pullback structure. It doesn't feel like a comfortable and calm bull market correction. So currently, I believe that '3942 has completed all the adjustments and the new super main wave has officially begun.' I think the evidence is not enough. I personally lean towards the blue path: the gold bull market that started in 2016 has ended at 5600, which is a correction against the overall rise. Below this path, 5600-3942 is only the first wave of decline, while the rise from 3942 is a rebound against the first wave of decline. Currently, the rebound structure is complete, and there may still be some room above, but this rebound can be ended at any time. If you observe the structure of silver carefully, you will find that it is a very standard rebound structure, which may indirectly prove that our classification of gold's large-scale structure is reasonable. Now that everyone knows my inclination, let's refine this expected trend through Figure 4: The main pressure levels above refer to 4773 and 4965, which will end before the first week of September at the earliest (including the first week). After the pressure level and below are blocked, gold may end its rebound from 3942, followed by a decline of the same level as 5600-3942, or a long-term, horizontal consolidation. We will follow up on this later. It can be foreseen that after this super large level correction ends, gold will have another round of upward trend. I have no doubt about this, but it may require billions of points of patience.