Gold is trapped in a dilemma of "the more chaotic, the more it falls"! The options market is betting that the cold winter of gold prices will continue for two years.

According to the Securities Times APP, as the United States launches a new round of attacks on Iran, the fragile ceasefire agreement faces greater pressure and may prolong the Middle East conflict that disrupts the global financial market. The downward trend of gold continues to play out, with some traders even betting that the painful drop in gold prices may continue for another two years. The selling trend of this precious metal is only getting worse, with the world's largest gold ETF, the GLD gold ETF in the US stock market, currently down significantly by 25% from its record high in February. Options traders focusing on this fund are still heavily turning towards bearish positions, indicating a further significant downward trajectory.