Silver started its upward move near the low point of 79, forming a clear upward channel. Currently, after the rise, it has entered a consolidation phase.


The Bollinger Bands have shifted from expansion to contraction, indicating weakening short-term upward momentum and a potential pause before a trend change; the middle band of Bollinger continues to rise, maintaining a solid medium-term bullish trend, and the consolidation is a normal pause during the upward movement.

If the price stabilizes above 86.5 and does not effectively break below the 85.9 middle band support.

Trend target: Test the upper band pressure near 88, and a volume breakout could target around 89.

Trading suggestions:
Rebound near the 86.5 level to establish long positions, with a target of 87, and a second target of 88.
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