Last night, the precious metals market experienced a fierce correction. Gold plummeted nearly 5%, silver was even more brutal with a drop of over 10%, and platinum also followed suit with a sharp decline, with support levels being broken one after another. The intensity of this downward move was truly unexpected, and the entire market has entered a clear weak consolidation pattern.

But this isn't all bad news. Historical data shows that big declines often hide opportunities. Returning to the 4380 level, gold once dropped $400 in a single day, only to rebound by $150 shortly after. Such extreme volatility often presents considerable rebound potential — this time, gold has at least about $100 of recovery space.

When catching rebounds, remember one thing: act quickly, but don't be greedy. Since the short-term trend has shifted to sideways decline, caution is necessary. Physical gold, gold ETFs, and accumulated gold positions without leverage may experience short-term unrealized losses, but there's no need to panic. In the long run, these are opportunities to accumulate.

The situation for silver and platinum is similar; key support levels have been broken, and the subsequent trend is mainly sideways. If you've already built positions, the current strategy is to take profit on high points and hold, waiting for clearer bottom signals before considering re-entry. Short-term volatility, no matter how intense, is temporary. The key is to seize those certain rebound windows.