Silver has surged from the low near 72.71 all the way up to around 77.02, and is currently consolidating in the high area around 77.02. Although short-term bullish momentum is strong, after a series of rallying pushes at high levels, selling pressure continues to accumulate, and the risk of chasing the move has increased significantly. Clear resistance is evident in the 77.8-78 zone above—be mindful of the risk of a pullback after a surge; for the day, prioritize testing short positions at high levels and do not blindly chase longs.



**Trading suggestions:**
First short when price initially touches the 77.8-78.3 range, with the first target at 76.5. If it breaks, continue to look lower toward 74-72.7$XAG
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