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I woke up early this morning and checked the gold market first thing. I was hoping the price would drop at the open so I could buy a big gold bracelet.
But it opened higher again today.
Rongtong Gold rose from 1132 yesterday to 1141 😭, now the gold shops are even less likely to sell to me.
Saturday afternoon I went to the gold shop to buy gold. When I got home that evening, my roommate said, "Quickly show me your big gold bracelet!" His eyes were shining with a greedy, lustful desire for gold. I lied to my roommate and said I'd already bought it, but there wasn't any in stock yet, and I'd pick it up in a few days. Actually, I hadn't bought it; I wanted to wait for the price to drop before buying.
Tomorrow the national gold market opens. I hope it crashes so I can buy my big gold bracelet before jumping on the bandwagon.
If it doesn't crash, I won't buy. I can slowly convert my paper gold into cash and earn RMB, which is also quite appealing.
I feel that the gold market is very difficult to predict; I can only follow the trend.



It's almost at a new high again.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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