Recent news struck like a thunderbolt, causing a sudden upheaval in the precious metals market. The news of Trump's nomination of Jerome Powell to lead the Federal Reserve sent shockwaves through the markets, triggering rare fluctuations in gold and silver prices. Silver prices surged dramatically, and industrial metals such as copper, aluminum, and tin also collectively faced setbacks.
Previously, market sentiment was extremely bullish, with prices continuously hitting new highs. This incident is like a cold shower, prompting profit-taking and closing out positions. After the rapid rise, market sensitivity naturally increased, and a small spark was enough to stir up a large wave.
Market Outlook: The market has entered a highly sensitive state, where even minor news can easily trigger price movements. In the short term, the market may enter a phase of oscillation and consolidation, with bulls and bears re-engaging within a new range. The trend is shifting gears, facing upward pressure and downward support, with the rhythm more important than the direction.
During turbulent times, it is especially important to stay steady. It is recommended to remain calm, control your positions, and seek structural opportunities amid volatility, rather than blindly chasing gains or cutting losses. The market is always cyclical, and patience is often more valuable than aggressiveness.
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Recent news struck like a thunderbolt, causing a sudden upheaval in the precious metals market. The news of Trump's nomination of Jerome Powell to lead the Federal Reserve sent shockwaves through the markets, triggering rare fluctuations in gold and silver prices. Silver prices surged dramatically, and industrial metals such as copper, aluminum, and tin also collectively faced setbacks.
Previously, market sentiment was extremely bullish, with prices continuously hitting new highs. This incident is like a cold shower, prompting profit-taking and closing out positions. After the rapid rise, market sensitivity naturally increased, and a small spark was enough to stir up a large wave.
Market Outlook:
The market has entered a highly sensitive state, where even minor news can easily trigger price movements. In the short term, the market may enter a phase of oscillation and consolidation, with bulls and bears re-engaging within a new range. The trend is shifting gears, facing upward pressure and downward support, with the rhythm more important than the direction.
During turbulent times, it is especially important to stay steady. It is recommended to remain calm, control your positions, and seek structural opportunities amid volatility, rather than blindly chasing gains or cutting losses. The market is always cyclical, and patience is often more valuable than aggressiveness.