<p>在過去幾周，我一直在撰寫更新，跟蹤貴金屬和礦業股票的常規和健康回調，以確定它是否還有進一步下跌的空間，或者是否接近尾聲。</p>
<p>在我 10 月 28 日的最後一次更新中，我指出貴金屬和礦業股票都已被超賣，這在我們當前確認的上升趨勢中，通常意味着回調即將結束，並通常為抄底買家和希望進行定投的人提供了良好的機會。</p>
<p>在今天的更新中，我想展示黃金和白銀目前的狀況，以及提供強烈線索的日內重要圖表模式，關於接下來可能發生的事情。</p>
<p>讓我們從黃金開始，它引領着整體貴金屬市場。根據下方價格圖表的 Williams %R 指標，黃金在 9 月和 10 月上半月被強烈超買，而 10 月下半月的回調幫助消化了這種超買狀態及其帶來的過熱情緒。</p>
<p>這使得黃金有望恢復其持續的牛市，這一趨勢依然完好，並且還有許多年可以延續。不過，在宣佈回調結束之前，我想看看一個特定的日內圖表模式如何演變，我會很快展示。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-1-COMEX-Gold-Futures-Jesse-Colombo-Money-Metals-min.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-1-COMEX-Gold-Futures-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>在 9 月和 10 月初黃金上漲期間，波動性激增，正如下方價格圖表的布林帶寬度指標所示，而現在黃金及更廣泛的貴金屬市場的波動性正在減弱。這表明貴金屬可能正在形成一個新的整合階段，以為下一次重大走勢積蓄能量。</p>
<p>當前的設置類似於春季發生的情況，當時一次急劇的上漲後，波動性減弱並出現了一段橫盤整理。然而，考慮到最近的上漲是多麼短暫，我並不認為這次需要再經歷四個月的整合。</p>
<p>這種整合應該有助於黃金保存和積累能量，以便進行下一次上漲，我預計這將使其在 2026 年達到 5000 美元。這個前景得到了包括高盛、美國銀行、滙豐銀行和法國興業銀行等主要機構的認可。此外，摩根大通首席執行官傑米·戴蒙（Jamie Dimon）最近表示，黃金 “在這樣的環境中，可能輕鬆達到 5000 美元或 10000 美元。”</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-2-COMEX-Gold-Futures-Volatility-Jesse-Colombo-Money-Metals-min.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-2-COMEX-Gold-Futures-Volatility-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>黃金在上升趨勢中正式超賣，這通常是一個看漲信號，但我想先看到一個更進一步的發展。目前在 2 小時日內圖表上形成了一個整合模式，圖表下方標記為 “整合#2”。在 10 月 26 日，我指出了 “整合#1”，並指出它可能向任一方向突破，結果它向下突破。</p>
<p>我現在在觀察這個第二個整合如何演變。如果它向下突破，那應該標誌着一次快速的情緒衝擊，為強勁反彈鋪平道路。另一方面，如果最近的回調已經結束，我預計將出現向上的突破，並在關鍵的 4000 美元水平上有令人信服的收盤，這將表明上升趨勢正在恢復。和往常一樣，我的座右銘是：不要預測，反應。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-3-COMEX-Gold-Futures-Intraday-Jesse-Colombo-Money-Metals-min.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-3-COMEX-Gold-Futures-Intraday-Jesse-Colombo-Money-Metals-min.png"/></p>
<p>接下來，我們來看白銀，上週白銀已經超賣，並且自那時以來稍微反彈，儘管 Williams %R 指標仍然接近其範圍的下端。我的看法是，白銀處於一個非常好的位置，重要的是，在最近的上漲中，它從未像黃金那樣過熱。因此，這一回調階段不應該像黃金那樣劇烈，考慮到兩種金屬之間的波動性自然差異。</p>
<p>現在，我的直覺是白銀正在形成一個整合模式，以便在再次向上突破關鍵的 50 美元水平之前喘口氣，而這次它應該最終成功，並從那裏繼續大幅上漲。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-4-COMEX-Silver-Futures-Jesse-Colombo-Money-Metals-min.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-4-COMEX-Silver-Futures-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>從白銀的 2 小時日內圖表來看，它和黃金一樣，現在正在形成第二個整合模式，而這個模式的演變將為最近的回調是否結束提供強烈的指示。</p>
<p>與黃金在其關鍵的 4000 美元水平附近類似，白銀的價格走勢正發生在關鍵的 50 美元水平下方，這並不令人驚訝，因為通常在許多人關注的主要水平附近會進行很多算法交易。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-5-COMEX-Silver-Futures-Intraday-Jesse-Colombo-Money-Metals-min.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-5-COMEX-Silver-Futures-Intraday-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>此外，我想指出一個與貴金屬回調是否結束的討論非常相關的事情，那就是在週五發生的一個非常不尋常且令人擔憂的事件，當時隔夜回購需求激增至 294 億美元，這是五年來的最高日水平。回購是美聯儲在銀行需要立即流動性時提供的短期貸款。</p>
<p>當這個數字急劇上升時，這並不是正常現象，因為它表明短期融資市場的壓力正在加大。這種壓力最終可能為以量化寬鬆（QE）形式重新啓動資產購買鋪平道路，這將對貴金屬極為看漲，並可能輕鬆為黃金提供推動力，使其達到 5000 美元以上，白銀達到 80 美元以上。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-6-US-Federal-Reserve-Overnight-Repurchase-Agreements-Jesse-Colombo-Money-Metals-min.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-6-US-Federal-Reserve-Overnight-Repurchase-Agreements-Jesse-Colombo-Money-Metals-min.png"/></p>
<p>迴歸量化寬鬆（QE），本質上就是數字貨幣印刷，已經只是時間問題。沒有哪個政府或中央銀行能夠長時間抵制使用印刷機的誘惑，而這正是擁有貴金屬的最終原因。</p>
<p>自 2022 年以來，美聯儲的量化緊縮（QT）或縮減資產負債表，為當前日益增長的金融壓力奠定了基礎，這種情況讓人想起 2019 年底發生的事件，最終導致了大規模的 QE，這被官方歸因於 COVID 疫情。</p>
<p>值得注意的是，在上週的會議上，美聯儲宣佈結束其仍然相當可觀的資產負債表的縮減，理由是貨幣市場流動性狀況正在收緊，銀行儲備水平正在下降。</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-7-Federal-Reserve-Balance-Sheet-Quantitative-Tightening-Jesse-Colombo-Money-Metals-min.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-7-Federal-Reserve-Balance-Sheet-Quantitative-Tightening-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>總的來説，貴金屬目前被超賣，這通常會為反彈創造條件，因為它們仍處於強勁的上升趨勢中。</p>
<p>然而，我在等待另一個因素的解決，那就是目前在黃金和白銀中形成的日內整合模式。這些模式的演變也將對礦業股票和鉑族金屬的方向產生強烈影響。</p>
<p>另一個需要記住的重要因素，可能會促成從這裏的反彈，是金融系統中正在積聚的令人擔憂的壓力，這可能最終導致另一波數字貨幣印刷。像往常一樣，我會隨時更新這一切的發展和我所觀察到的情況。</p>
<hr/>
<p><em>更多來自此作者的文章：</em></p>
<p>貴金屬正式被超賣</p>
<p>為什麼貴金屬現在如此波動</p>
<p>如何判斷貴金屬回調何時結束</p>

BULL

<p>最近貴金屬，特別是黃金和白銀的回調似乎即將結束。在經歷了一段時間的超買後，黃金現在在持續的牛市中處於超賣狀態，這暗示着潛在的反彈。分析師預計到 2026 年黃金將達到 5000 美元，主要機構對此表示支持。白銀雖然也處於超賣狀態，但在突破關鍵的 50 美元水平方面位置良好。這兩種金屬正在形成整合模式，其下一步走勢取決於這些模式的解決情況。隔夜回購需求的激增增加了市場的波動性背景</p>

<p>Over the past couple of weeks, I’ve been writing updates tracking the routine and healthy pullback in precious metals and mining stocks to determine whether it has further to go or is nearing completion.</p>
<div class="lb-trans"><p>在過去幾周，我一直在撰寫更新，跟蹤貴金屬和礦業股票的常規和健康回調，以確定它是否還有進一步下跌的空間，或者是否接近尾聲。</p>
</div><p>In my last update on October 28th, I noted that both precious metals and mining stocks had become oversold, which, in the context of a confirmed uptrend like the one we’re currently in, typically signals that the pullback is close to ending and usually offer a good opportunity for dip buyers and those looking to dollar-cost average.</p>
<div class="lb-trans"><p>在我 10 月 28 日的最後一次更新中，我指出貴金屬和礦業股票都已被超賣，這在我們當前確認的上升趨勢中，通常意味着回調即將結束，並通常為抄底買家和希望進行定投的人提供了良好的機會。</p>
</div><p>In today’s update, I want to show where gold and silver stand now, along with important intraday chart patterns that provide strong clues about what might come next.</p>
<div class="lb-trans"><p>在今天的更新中，我想展示黃金和白銀目前的狀況，以及提供強烈線索的日內重要圖表模式，關於接下來可能發生的事情。</p>
</div><p>Let’s start with gold, which leads the overall precious metals space. After being strongly overbought throughout September and the first half of October, according to the Williams %R indicator below the price chart, gold’s pullback in the second half of October helped to work off that overbought condition and the frothy sentiment that came with it.</p>
<div class="lb-trans"><p>讓我們從黃金開始，它引領着整體貴金屬市場。根據下方價格圖表的 Williams %R 指標，黃金在 9 月和 10 月上半月被強烈超買，而 10 月下半月的回調幫助消化了這種超買狀態及其帶來的過熱情緒。</p>
</div><p>This now positions gold to resume its ongoing bull market, which remains intact and has many years left to run. That said, before calling the pullback over, I want to see how a specific intraday chart pattern resolves, which I will show shortly.</p>
<div class="lb-trans"><p>這使得黃金有望恢復其持續的牛市，這一趨勢依然完好，並且還有許多年可以延續。不過，在宣佈回調結束之前，我想看看一個特定的日內圖表模式如何演變，我會很快展示。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-1-COMEX-Gold-Futures-Jesse-Colombo-Money-Metals-min.jpg" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-1-COMEX-Gold-Futures-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>After a surge in volatility during the gold rally in September and early October, as measured by the Bollinger Band Width indicator beneath the price chart, volatility is now subsiding in gold and across the broader precious metals complex. This indicates that precious metals are likely forming a new consolidation phase as they build energy for the next major move.</p>
<div class="lb-trans"><p>在 9 月和 10 月初黃金上漲期間，波動性激增，正如下方價格圖表的布林帶寬度指標所示，而現在黃金及更廣泛的貴金屬市場的波動性正在減弱。這表明貴金屬可能正在形成一個新的整合階段，以為下一次重大走勢積蓄能量。</p>
</div><p>The current setup is similar to what occurred in the spring, when a sharp rally was followed by a subsidence in volatility and a period of sideways movement. However, I don’t necessarily believe that another four months of consolidation is required this time, given how brief the recent rally has been.</p>
<div class="lb-trans"><p>當前的設置類似於春季發生的情況，當時一次急劇的上漲後，波動性減弱並出現了一段橫盤整理。然而，考慮到最近的上漲是多麼短暫，我並不認為這次需要再經歷四個月的整合。</p>
</div><p>This consolidation should help gold conserve and build energy for its next move higher, which I expect will take it to $5,000 in 2026. That outlook is shared by major institutions including Goldman Sachs, Bank of America, HSBC, and Société Générale. In addition, JPMorgan CEO Jamie Dimon, who is not known for being a gold advocate, recently said that gold “could easily go to $5,000 or $10,000 in environments like this.”</p>
<div class="lb-trans"><p>這種整合應該有助於黃金保存和積累能量，以便進行下一次上漲，我預計這將使其在 2026 年達到 5000 美元。這個前景得到了包括高盛、美國銀行、滙豐銀行和法國興業銀行等主要機構的認可。此外，摩根大通首席執行官傑米·戴蒙（Jamie Dimon）最近表示，黃金 “在這樣的環境中，可能輕鬆達到 5000 美元或 10000 美元。”</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-2-COMEX-Gold-Futures-Volatility-Jesse-Colombo-Money-Metals-min.jpg" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-2-COMEX-Gold-Futures-Volatility-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>Gold is officially oversold within an uptrend, which is typically a bullish signal, but there’s one more development I want to see play out first. A consolidation pattern is currently forming on the 2-hour intraday chart, labeled “Consolidation #2” on the chart below. On October 26th, I pointed out “Consolidation #1” and noted that it could break in either direction, and it ended up breaking to the downside.</p>
<div class="lb-trans"><p>黃金在上升趨勢中正式超賣，這通常是一個看漲信號，但我想先看到一個更進一步的發展。目前在 2 小時日內圖表上形成了一個整合模式，圖表下方標記為 “整合#2”。在 10 月 26 日，我指出了 “整合#1”，並指出它可能向任一方向突破，結果它向下突破。</p>
</div><p>I’m now watching to see how this second consolidation resolves. If it breaks lower, that should mark a final quick flush that hits sentiment and sets the stage for a strong rebound. On the other hand, if the recent pullback is already complete, I would expect an upside breakout with a convincing close above the key $4,000 level, which would indicate that the uptrend is resuming. As always, my motto is: don’t predict, react.</p>
<div class="lb-trans"><p>我現在在觀察這個第二個整合如何演變。如果它向下突破，那應該標誌着一次快速的情緒衝擊，為強勁反彈鋪平道路。另一方面，如果最近的回調已經結束，我預計將出現向上的突破，並在關鍵的 4000 美元水平上有令人信服的收盤，這將表明上升趨勢正在恢復。和往常一樣，我的座右銘是：不要預測，反應。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-3-COMEX-Gold-Futures-Intraday-Jesse-Colombo-Money-Metals-min.png" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-3-COMEX-Gold-Futures-Intraday-Jesse-Colombo-Money-Metals-min.png"/></p>
<p>Next, we move on to silver, which became oversold last week and has since rebounded slightly out of oversold territory, although the Williams %R indicator remains near the lower end of its range. My view is that silver is in a very good position and, importantly, never became as overheated as gold during the recent rally. Because of that, this pullback phase shouldn’t be as sharp as gold’s, accounting for the natural differences in volatility between the two metals.</p>
<div class="lb-trans"><p>接下來，我們來看白銀，上週白銀已經超賣，並且自那時以來稍微反彈，儘管 Williams %R 指標仍然接近其範圍的下端。我的看法是，白銀處於一個非常好的位置，重要的是，在最近的上漲中，它從未像黃金那樣過熱。因此，這一回調階段不應該像黃金那樣劇烈，考慮到兩種金屬之間的波動性自然差異。</p>
</div><p>Right now, my instinct is that silver is forming a consolidation pattern to catch its breath before making another push to close above the critical $50 level, and this time it should finally succeed and continue much higher from there.</p>
<div class="lb-trans"><p>現在，我的直覺是白銀正在形成一個整合模式，以便在再次向上突破關鍵的 50 美元水平之前喘口氣，而這次它應該最終成功，並從那裏繼續大幅上漲。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-4-COMEX-Silver-Futures-Jesse-Colombo-Money-Metals-min.jpg" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-4-COMEX-Silver-Futures-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>A look at silver’s 2-hour intraday chart shows that it, like gold, is now forming its second consolidation pattern, and how that resolves will provide a strong indication of whether the recent pullback is over or if it still has a bit further to go.</p>
<div class="lb-trans"><p>從白銀的 2 小時日內圖表來看，它和黃金一樣，現在正在形成第二個整合模式，而這個模式的演變將為最近的回調是否結束提供強烈的指示。</p>
</div><p>Similar to gold near its key $4,000 level, silver’s price action is occurring just below the key $50 level, which isn’t surprising since there are usually a lot of algo games played around major levels that so many eyes are watching.</p>
<div class="lb-trans"><p>與黃金在其關鍵的 4000 美元水平附近類似，白銀的價格走勢正發生在關鍵的 50 美元水平下方，這並不令人驚訝，因為通常在許多人關注的主要水平附近會進行很多算法交易。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-5-COMEX-Silver-Futures-Intraday-Jesse-Colombo-Money-Metals-min.jpg" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-5-COMEX-Silver-Futures-Intraday-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>Also, I want to point out something very relevant to the discussion of whether the precious metals pullback is over, and that is a highly unusual and alarming occurrence on Friday, when overnight repo demand spiked to $29.4 billion, the highest daily level in more than five years. Repos are short-term loans the Fed extends to banks when they need immediate liquidity.</p>
<div class="lb-trans"><p>此外，我想指出一個與貴金屬回調是否結束的討論非常相關的事情，那就是在週五發生的一個非常不尋常且令人擔憂的事件，當時隔夜回購需求激增至 294 億美元，這是五年來的最高日水平。回購是美聯儲在銀行需要立即流動性時提供的短期貸款。</p>
</div><p>When this number jumps sharply, it is not a normal occurrence, as it signals that strain is building behind the scenes in short-term funding markets. This kind of stress could ultimately set the stage for renewed asset purchases in the form of quantitative easing (QE), which would be highly bullish for precious metals and could easily provide the fuel to send gold to $5,000+ and silver to $80+.</p>
<div class="lb-trans"><p>當這個數字急劇上升時，這並不是正常現象，因為它表明短期融資市場的壓力正在加大。這種壓力最終可能為以量化寬鬆（QE）形式重新啓動資產購買鋪平道路，這將對貴金屬極為看漲，並可能輕鬆為黃金提供推動力，使其達到 5000 美元以上，白銀達到 80 美元以上。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-6-US-Federal-Reserve-Overnight-Repurchase-Agreements-Jesse-Colombo-Money-Metals-min.png" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-6-US-Federal-Reserve-Overnight-Repurchase-Agreements-Jesse-Colombo-Money-Metals-min.png"/></p>
<p>A return to quantitative easing (QE), which is essentially digital money printing, is only a matter of time. No government or central bank can resist using the printing press for very long if they have access to it, and that is the ultimate reason for owning precious metals.</p>
<div class="lb-trans"><p>迴歸量化寬鬆（QE），本質上就是數字貨幣印刷，已經只是時間問題。沒有哪個政府或中央銀行能夠長時間抵制使用印刷機的誘惑，而這正是擁有貴金屬的最終原因。</p>
</div><p>The Fed’s quantitative tightening (QT), or shrinking of its balance sheet, since 2022 has set the stage for the growing financial stress now emerging, which is reminiscent of what occurred in late 2019 and ultimately led to massive QE that was officially attributed to the COVID pandemic.</p>
<div class="lb-trans"><p>自 2022 年以來，美聯儲的量化緊縮（QT）或縮減資產負債表，為當前日益增長的金融壓力奠定了基礎，這種情況讓人想起 2019 年底發生的事件，最終導致了大規模的 QE，這被官方歸因於 COVID 疫情。</p>
</div><p>Notably, at last week’s meeting, the Fed announced it is ending the drawdown of its still-substantial balance sheet, citing signs that money market liquidity conditions are tightening and bank reserve levels are falling.</p>
<div class="lb-trans"><p>值得注意的是，在上週的會議上，美聯儲宣佈結束其仍然相當可觀的資產負債表的縮減，理由是貨幣市場流動性狀況正在收緊，銀行儲備水平正在下降。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.moneymetals.com/uploads/content/Graph-7-Federal-Reserve-Balance-Sheet-Quantitative-Tightening-Jesse-Colombo-Money-Metals-min.jpg" alt="" original-src="https://www.moneymetals.com/uploads/content/Graph-7-Federal-Reserve-Balance-Sheet-Quantitative-Tightening-Jesse-Colombo-Money-Metals-min.jpg"/></p>
<p>To wrap up, precious metals are now oversold, which would typically set the stage for a rebound given the strong uptrend they remain in.</p>
<div class="lb-trans"><p>總的來説，貴金屬目前被超賣，這通常會為反彈創造條件，因為它們仍處於強勁的上升趨勢中。</p>
</div><p>However, I am waiting for one more thing to resolve, which is the intraday consolidation patterns currently forming in both gold and silver. How those patterns play out will also have a strong influence on the direction of mining stocks and the platinum group metals.</p>
<div class="lb-trans"><p>然而，我在等待另一個因素的解決，那就是目前在黃金和白銀中形成的日內整合模式。這些模式的演變也將對礦業股票和鉑族金屬的方向產生強烈影響。</p>
</div><p>Another important factor to keep in mind, which may contribute to a rebound from here, is the alarming stress building in the financial system that is likely to eventually lead to another wave of digital money printing. As always, I’ll keep you updated on how this all plays out and what I’m seeing.</p>
<div class="lb-trans"><p>另一個需要記住的重要因素，可能會促成從這裏的反彈，是金融系統中正在積聚的令人擔憂的壓力，這可能最終導致另一波數字貨幣印刷。像往常一樣，我會隨時更新這一切的發展和我所觀察到的情況。</p>
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</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多來自此作者的文章：</em></p>
</div><p>Precious Metals Are Officially Oversold</p>
<div class="lb-trans"><p>貴金屬正式被超賣</p>
</div><p>Why Precious Metals Are So Volatile Right Now</p>
<div class="lb-trans"><p>為什麼貴金屬現在如此波動</p>
</div><p>How To Know When The Precious Metals Pullback Is Over</p>
<div class="lb-trans"><p>如何判斷貴金屬回調何時結束</p>
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貴金屬的回調是否已經結束？