白银技术指标“亮红灯”，回调只是为了进一步上冲？

Group 1 - Silver experienced a decline of 2.4% in early trading, driven by speculation of ongoing supply tightness and expectations of another interest rate cut by the Federal Reserve, which is favorable for non-yielding precious metals [2] - The Relative Strength Index (RSI) indicated that recent speculative enthusiasm may have been excessive, with readings above 70 suggesting overbought conditions [2] - Ole Hansen, Head of Commodity Strategy at Saxo Bank, noted that this has led to a recovery in risk sentiment, stabilizing the market and prompting some profit-taking, while emphasizing that as long as silver prices hold above $54.5 to $55 per ounce, the overall trend remains intact [2] Group 2 - Silver prices rose over 8% in the first two trading days due to market bets on sustained supply tightness, following record inflows of metal into London to alleviate historic squeezes [2] - Daniel Ghali, Senior Commodity Strategist at TD Securities, stated that silver's current momentum has exceeded rational limits, with declining demand expectations across all categories, making investment demand the primary driver [2] - The gold-silver ratio has fallen to its lowest point in over a year, indicating that silver may be "running too fast," which traders sometimes view as a turning point [3] Group 3 - Gold is expected to be supported by rising expectations of another interest rate cut by the Federal Reserve, with the market nearly certain of a 25 basis point cut in the last meeting of the year [3] - Tim Waterer, Chief Market Analyst at KCM Trade, mentioned that while gold showed weakness, the fundamental factors remain unchanged, including market expectations of U.S. rate cuts, which will support gold from a yield perspective [3]