April 24, 2026 Spot Silver Morning Analysis



Overnight US market silver initially rose then fell, continuing weak oscillation in the morning, with the daily line closing lower.

The short-term cycle remains in a downward channel, with prices at the lower-middle band of the Bollinger Bands, and the overall weak pattern unchanged.

Although there was a slight rebound and correction, resistance at the 77 and 78.5 levels is very obvious, repeatedly facing pressure and falling back. As the week approaches its end, bullish momentum in the market weakens, institutional risk aversion increases, further suppressing the rebound space.

For intraday trading, it is recommended to short at the resistance levels of 77 and 78.5 during rebounds, and pay attention to key support at the 74.5 and 73 zones below. Keep positions reasonably controlled in the short term, implement protective measures, and cautiously respond to market fluctuations.

The above is for personal reference only and does not constitute investment advice. Please follow Cheng Jingsheng Shipian’s layout for specifics! $XAG #XAG
XAG-1.47%
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