Wow! International gold and silver futures prices plummeted significantly on the 29th! Affected by profit-taking and long liquidation, gold prices dropped by over 4.5% at one point, and silver prices approached 9%. Although some analysts believe this is just a correction within an upward trend and the momentum remains, if selling pressure intensifies on the 30th and 31st, a more severe decline may occur, potentially forming a short-term market top. Notably, on the morning of the 29th, silver futures hit a historic high, and gold futures also peaked on the 26th. This rollercoaster market is very exciting, but investors should be cautious!
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Wow! International gold and silver futures prices plummeted significantly on the 29th! Affected by profit-taking and long liquidation, gold prices dropped by over 4.5% at one point, and silver prices approached 9%. Although some analysts believe this is just a correction within an upward trend and the momentum remains, if selling pressure intensifies on the 30th and 31st, a more severe decline may occur, potentially forming a short-term market top. Notably, on the morning of the 29th, silver futures hit a historic high, and gold futures also peaked on the 26th. This rollercoaster market is very exciting, but investors should be cautious!