Gold dip-buy strategy below 3900

Today, A-shares surged and then retreated. The surge was accompanied by increased volume, with total daily trading volume nearing 2 trillion yuan. Most of the new volume was generated during the morning surge. During the retreat, there was no heavy selling pressure. The timing of the retreat coincided with the dense period of negative news regarding Nvidia, aligning closely with pre-market trends in Japan, South Korea, and US stocks. Therefore, I believe today's movement in A-shares is reasonable and normal. Jensen Huang ("Old Huang") is currently in a difficult situation. One has to admire the Democratic Party's level of conducting舆论战 (public opinion warfare). Two major pro-Democratic media outlets, The Wall Street Journal and The New York Times, joined forces. When Huang Le's affairs were exposed, Nvidia initially defended Old Huang. However, the second affair involves a superior-subordinate relationship, leading the Nvidia board to begin discussions on removing him and seeking a new successor. Their attitude has shifted 180 degrees; this time, Old Huang may truly be in trouble. Nvidia's stock price has currently fallen nearly 7%. For those holding Nvidia shares, whether to cut losses depends significantly on the timeline: specifically, whether the board's decision will be announced before Thursday. If Jensen Huang resigns, one should firmly exit the position. If there is no result by Thursday, the 17th marks Dazie's earnings report, and on the 18th, Old Huang is scheduled to testify before Congress. Whether he participates in the conference call is crucial; if he does not participate, regardless of the earnings results, one should exit the position. Nvidia's stock price has strong support at the $150 level. If it drops to $150, one can consider buying with a small position. The $130-$150 range represents the short-term pricing based on Old Huang's personal influence. Even without Jensen Huang, Nvidia's moat—CUDA—remains intact. The product roadmap will not change, and the supply chain, customers, and orders will remain stable for the next 2 to 3 years. Of course, if the board does not remove Old Huang, the stock price could rebound quickly. I believe the board will not easily dismiss him. This move by the Democrats is quite clever. Silicon Valley tech giants tied to the Republican Party are trembling in fear. In the short term, this benefits AMD and Broadcom, but upon deeper thought, Google might also be a big winner. Last night, my account rebounded nearly 10%, and it seemed like dawn was approaching, only for this negative news to appear. This year's US stock market has been too chaotic. Last night, I cleared my TQQQ position and continued buying $VKTX. Gold fell below 4000 points, with the market pricing in a possibility of a 50 basis point rate hike in December. Tonight, Federal Reserve officials are speaking densely. If gold falls below 3900, I will repurchase the positions previously sold out...