Currently, silver is in a consolidation phase, with prices bouncing between 26 and 27. It looks volatile, but essentially there is no clear direction. It can't break upward, and there is support below, so this kind of market is a typical shakeout phase.


Focus on the area around 26.8 to 27 above, which is the most critical resistance zone today. As long as it can't break above this level, each rebound can be considered an opportunity to short.
Support below is near 26.2, with stronger support around 25.8 to 25.5. As long as this range isn't effectively broken downward, the market is unlikely to move into a sustained downtrend.
So, the trading strategy is quite simple.
First, short on rebounds. If the price reaches around 26.8 to 27, consider a small position to short, with targets first at 26.3, then at 26, and if stronger, at 25.8. Be sure to set a proper stop-loss, above 27.3.
Second, go long at lower levels. If the price retraces to the 25.8 to 26.2 range, you can take a small position to catch a rebound, targeting back to 26.7 or even 27. But remember, this is just a short-term rebound trade, not a trend-long buy.
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