Economic Expert Signals Possible End to Gold and Silver Correction
Economic expert Hany Tawfik stated that financial markets have begun to show technical signals indicating a potential end to the correction phase in gold and silver prices, following a period of declines that came after strong global rally waves.
Tawfik explained that dealing with the current phase requires a high level of caution, stressing that investors should wait for a full trading day of sustained upward movement to confirm that the correction has indeed ended, rather than being a temporary rebound within a broader downtrend.
He added that this approach allows investors to build new buying positions at suitable levels or reduce average purchase costs for those who entered the market at higher prices, thereby improving risk management amid ongoing market volatility.
Tawfik emphasized that purchases should be made carefully and gradually, rather than deploying large amounts of capital at once, noting that a phased strategy remains the most appropriate in precious metals markets, which are highly sensitive to global economic and geopolitical developments.
He concluded by reaffirming that gold and silver remain key hedging instruments, but that proper market timing and liquidity management are the decisive factors in achieving real gains.