Gold has stalled a bit in its rise, while silver has surged this week, further proving that gold is at the end of its strength, and this is something everyone understands. Although gold needs to adjust in the long term, it does not mean that gold cannot reach new highs; gold can technically reach new highs in the future, but it just won’t rise too much. The current precious metals market is like the altcoin season at the peak of the crypto market in 2017, when BTC peaked and ETH, LTC, and others continued to surge. So, it’s likely that it won't just be silver skyrocketing; other metals like copper may also follow suit. For instance, buying copper stocks or going long on copper for a while could be a good strategy. This really depends on skill, such as directly buying Western Mining with a stop-loss at 21.8. If you don’t set a stop-loss, hold for a month. If someone really wants to participate, manage your position well.
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Talk about the commodity precious metals market
Gold has stalled a bit in its rise, while silver has surged this week, further proving that gold is at the end of its strength, and this is something everyone understands. Although gold needs to adjust in the long term, it does not mean that gold cannot reach new highs; gold can technically reach new highs in the future, but it just won’t rise too much.
The current precious metals market is like the altcoin season at the peak of the crypto market in 2017, when BTC peaked and ETH, LTC, and others continued to surge. So, it’s likely that it won't just be silver skyrocketing; other metals like copper may also follow suit. For instance, buying copper stocks or going long on copper for a while could be a good strategy. This really depends on skill, such as directly buying Western Mining with a stop-loss at 21.8. If you don’t set a stop-loss, hold for a month. If someone really wants to participate, manage your position well.