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Gold prices continue to break upward, recently hitting a new high of around 4639. Currently, many traders are still holding short positions, trying to guess the bottom, only to be proven wrong one after another. Interestingly, those investors who were bearish from the start haven't made much money, while the friends holding long positions are the ones smiling the most in this market rally. My consistent logic has always been clear: the trend of gold is upward, and history has proven this. As for those who are firmly bearish now, I guess their feelings are probably a mix of frustration and helplessness. Sometimes the market is like this; stubborn ideas often lead to the market's most ruthless responses.