- 50:
- 50
- 40:
- 40
- 30:
- 30
The short-term direction of silver is still a mystery. The bulls and the shorts are in a duel. The trend last week was ups and downs. After Thursday's pullback and the counterattack at the end of the week, the bulls and the shorts are evenly matched, and the short-term trend is still unclear. Judging from the strength of silver's rise, the rise does not have a strong continuity, and the rise is always accompanied by a counterattack by short sellers, indicating that it is unlikely to form a trend rise in the short term.
If you have a good mentality in the trading market, I believe it can bring you better returns and make it easier and more enjoyable to do it. A good mentality means good trading, and a bad mentality means poor trading. What do you want? What kind of result will appear?
The recent sharp rebound of the U.S. dollar index from lows, as well as the strength of U.S. stocks and U.S. bonds, have poured cold water on the rising silver, which is why the current trend of unclear long and short positions has been formed. Judging from today's trend, Bollinger Bags continue to close, and the price will enter a sideways adjustment at the daily level. On the weekly line, although it closed positive, the price ran below the daily moving average and failed to form a complete long pattern.
As for the short term, after opening high in early trading, it was blocked near 3. 3 is the early pressure. If the resistance is not broken, it is still weak. In other words, if 3 does not stand on it, the bulls will have no room to play, so 3 will be the short-term watershed between long and short. Through technical analysis, Su Wenyan's technical analysis team crude oil will have the opportunity to make mid-line trend orders. If you have lost money before and want to get back your money, if you want to make a bigger red envelope.
All in all, if the U.S. index does not strengthen, even if silver does not fall, it will be difficult to rise. Going long can only wait for the first line. Although short selling goes against the trend, the 3rd line can also be operated stably.
Specific operation strategies for spot silver:
, look at the short stop loss target for silver
, keep looking at the long stop loss target below silver