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📉 Silver Evening: Rallies then pullbacks, continue to look bearish!
Today, silver surged to 88.43 and faced resistance, then pulled back, currently oscillating around 86.8, tonight mainly focusing on shorting after rebounds.
In the short term, first watch the resistance at 87.5-87.8; if it rebounds to this level, consider entering small short positions, with a stop loss above 88.0; if the rebound exceeds expectations, the previous high area at 88.0-88.4 is a stronger resistance, where you can add to positions in batches, avoid chasing shorts, and wait for the rebound to the resistance level before planning.
The first target below is the previous low at 86.2-86.0; if broken, look towards the support around 85.6, and upon reaching the support, reduce some positions, keep the remaining positions with protective stops, and continue holding. Manage your positions and operate with the trend.