In our Xiaoyin Temple community, some people have recently gone long/short on silver and gold and have been trapped. It's all about timing. No matter how I advise them, they just want to compete against each other.

I have mentioned this logic many times: commodities are greatly influenced by geopolitical factors. If you don't have an advantage at the first moment, then don't participate. If you must participate, you need to consider geopolitical and macroeconomic situations.

The market is currently gambling on the expectations of interest rate hikes. What is expectation, and what is fact? I don't want to elaborate too much. Expectations can fall through, but before those expectations are proven or disproven, the market will move in that direction. Once changes occur, it will completely reverse.

The major premise for interest rate hikes is due to the rise in oil prices and the U.S. taking action against Iran. Therefore, the trajectory of the Iran war is tied to the spokespersons from both the U.S. and Iran. Yesterday, it was a mix of good and bad statements. Trump said they had reached an agreement, while Iran said they hadn’t. What to do?

If you are really eager, you must wait for the situation to stabilize before engaging in gold/silver trading. After the oil war is over, things are expected to return to normal quickly, and there won’t be much volatility.

If people in the crypto circle want to trade gold/silver, I recommend a platform here: @MSX_CN

You can use the link below to trade.