$PAXG

According to the latest survey, Wall Street professional analysts have abandoned last week's extreme bullish stance and turned bearish on gold prices: 31% bullish, 50% bearish, 19% neutral.

1. After a sharp decline in the stock market, investors sold gold to meet margin requirements, causing gold prices to drop, which is a short-term behavior (it does not represent a shift in bullish stance). Bargain buyers are expected to flood in next week to snap up cheap gold and silver.

2. The news about tariffs marks the end of the most uncertain period, and traders will take this opportunity to lock in profits.

3. After experiencing significant volatility, the market needs time to digest information, first forming a range-bound fluctuation before opportunistically starting a new trend.