Yesterday, silver dipped to around 65 before starting a rebound. At this stage, focus can be placed on the strength of the technical correction.



Overall, the market remains constrained by the US dollar trend and the delayed expectations of rate cuts, and no trend reversal signals have yet emerged. Therefore, it is not advisable to blindly chase long positions; the strategy should continue to favor shorting on rebounds near resistance levels.

Operationally, consider establishing short positions around 75, with targets in the 72-70 range.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin