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19.01.2026 12:35 AM
XAG/USD。價格分析。預測。對美國貨幣政策保持緊縮的預期對白銀形成壓力
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貴金屬正面臨市場條件的壓力,這些條件對風險資產更加有利。

白銀的下跌是由於地緣政治緊張局勢的緩和所驅動。美國總統唐納德·特朗普宣布放棄軍事計劃,並保證停止處決和殺戮行為。這些評論幫助緩解了對區域升級的擔憂,促使投資者重心轉向風險較高的資產,而不是貴金屬。

市場情緒因特朗普關於留任傑洛姆·鮑威爾為聯邦儲備主席的言論而改善,這消除了對央行獨立性的懷疑 — 這之前是推動避險資產興趣的一個因素。此外,中止對主要商品的新關稅減輕了貿易摩擦。

白銀還受到市場預期美聯儲將繼續保持鷹派態度,即持續維持高利率的影響。持續的就業數據支持高利率可能在未來幾個月內維持的論點,使得像白銀這樣不產生收益的資產在收益性債券面前競爭力不足。

目前的修正與獲利了結和短期情緒變化有關;市場仍然對地緣政治事件作出反應。

從技術角度來看,價格高於所有移動平均線。儘管振盪指標呈正值,但在超買區域,這表明可能會進行修正。

Irina Yanina,
Analytical expert of InstaForex
© 2007-2026
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