Half a year of correction pressure has been released. Experts say that gold is entering a phase of bottoming out and moving upwards.

"More than 10,000 yuan 'recovered' in a week." Last week, gold investor Xu Ruoan cashed out part of her holdings at a high price, planning to time the market for her next entry. This may be a microcosm of many gold investors worldwide. The disappointing U.S. non-farm payroll data for July ignited the gold market in August, with London spot gold continuously breaking through the $4,000/ounce mark. On the 13th, it approached $4,450/ounce during trading but then fell sharply as profit-taking surged, dropping below $4,400/ounce. However, the funds did not shift; the next day, there was a slight rebound. Many "gold diggers" lamented, "a dull knife cuts flesh most painfully," during the pullback over the past six months, while asset allocation investors remained composed. Compared to the previous anxious mindset, most interviewed investors have started to look forward to gold's performance in the future. Market experts generally believe that the significant selling pressure on gold has been largely released, and it has now entered a phase of bottom-building with a potential for gradual increases in the future.