Precious metals are called "precious" for a very simple reason—they are indeed expensive. And this "expensive" word fundamentally contains an entire trading philosophy.

Not falling or staying still, only entering when there's a big drop—this is not an extraordinary act, but a response to human nature. Conversely, not buying when prices are stable, only buying during a sharp rise—this seems like common sense, but is often ignored by most people. How simple is it? Just like how a meal tastes best when you're extremely hungry—that's the same principle.

Truly skilled traders never boast about how smart they are. The methods they use are often the simplest. Even experienced veterans rely on the most basic rules. Sometimes, when the market is unpredictable, it's not because they understand too little, but precisely because they've learned too much and overcomplicate their thinking.

The market always teaches you the same lesson: be cautious when prices are high, and when everyone is mourning losses, it might actually be an opportunity. The recent situation is very typical. Major media outlets have been bombarding the same news over the weekend—new highs in precious metals, breaking through certain price levels, future prospects... As a result, retail investors follow the trend en masse, even selling houses and cars to jump in. This scene repeats itself, and historical patterns repeatedly confirm the same conclusion: when the entire internet media is optimistic, it often signals a correction.

In the next few days, precious metals are likely to fluctuate downward before gradually rebounding. Why will they rebound? The same logic applies—the global central banks are continuously accumulating precious metals, which is determined by their status as hard currencies. Central banks around the world are selling US bonds, and funds need an outlet, and precious metals are recognized as the king of safe havens. This trend will not change in the big picture, only requiring time to unfold.