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Spot investment, investment, financial management, products: fuel hydrocarbons, silver, copper, aluminum consulting QQ
Draghi did not give a clear signal at the European Parliament whether he would further cut interest rates and refinance operations. The market is still at a In a pessimistic mood, today's meeting of European finance ministers will discuss some solutions to the European debt crisis, which will have a certain impact on silver prices. Yesterday's rise was just a rebound after an oversold. The pressure on silver at the top is relatively strong. At present, short-term investors still focus on rallies and test shorts, and stop profits and losses.
Technical aspect: Silver consolidation is still in progress, and small-level cyclical adjustments mainly rely on technical guidance
The fundamentals were basically calm during the previous trading period, and the market entered a relative news calm period after experiencing shocks. Therefore, in the recent In the silver trend, the market mainly relies on technical guidance to operate.
The silver consolidation pattern continues: Silver is oscillating between the hourly spot investment price ranges. Silver has been running along an hourly downward channel since the (spot silver) band fell. This channel has been running for days. There seems to be a trend of gradually exiting the downward channel, but the trend is not too strong. At the same time, it has received suppression and support from key technical prices during the period. The market has seen fluctuations in technical prices. Overall, the consolidation The trend is still continuing, and there has been no substantial change. Judging from the small technical situation, this small-level adjustment is supported at the technical support level of the low point and the high point (spot silver). And upward, but it received price suppression when it rose to the position of . in the previous trading period. At the same time, the . (spot silver) line is the lower edge of a transitional box formed during this small-level adjustment process. The price of silver has stopped again and has not continued to rise. Overall, it seems that silver is still repairing and sorting out the strong rising period from . to . The market consolidation pattern is still continuing, and this situation is expected to continue. For a period of time, until there is no major change in the fundamentals, it may take time to digest the situation relying on the strength of the market itself.
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