Investinglive Analyst: Precious Metals Break Below 100-Day Moving Average, Central Bank Policy Shifts to Rate Hikes

Gate News reports that on March 23, Investinglive analyst Justin Low pointed out that the precious metals market is currently affected by three factors. First, central bank monetary policy has shifted; over the past two years, precious metal prices relied on rate cuts by major central banks, but as inflation concerns intensify, central banks are turning to rate hikes. Second, technical analysis shows that both gold and silver prices have broken below the 100-day moving average. Third, there has been increased activity in bonds and stock markets; over the past year, precious metals played a significant role in leveraged trading, but current market sell-offs could trigger margin calls.

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