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Silver recent market trend, let me share my views.
First, the fundamentals—global silver supply and demand gap is expected to be 8,000 tons, which is a strong support level. Coupled with tightening export control policies, and the continued surge in industrial demand from sectors like photovoltaics and AI, these three positive factors together have directly supported the floor for silver. The Fed's rate cut expectations are still present, and geopolitical situations occasionally provide catalysts. After oscillating at high levels earlier, silver has already started to move upward again.
But here’s a reminder—don’t blindly chase high prices. Profit-taking and retracements could trigger a correction, so it’s more reliable to patiently find support levels for low-entry positions. Position management and stop-loss settings must be monitored at all times; this is no joke.
**Key Levels**
- Resistance above: $83 → $85
- Support below: $75 → $73
**Technical Analysis Logic**
The daily chart still shows a clear bullish trend. The $75 level is very critical—holding it is the dividing line between bulls and bears. If maintained, the subsequent pattern is likely to be a cycle of consolidation, testing support, and then pushing higher. The four-hour volume matches the price movement, and so far, no obvious divergence has been seen. The short-term upward structure remains intact.
**Practical Trading Strategy**
For bullish positions, consider entering around $77.5, with a stop-loss below $77. For the first target, aim for $80. If it breaks through, continue pushing toward $83.
Reversal strategy: If the price breaks above $85, add to long positions accordingly; if it breaks below $75, don’t react immediately—wait for a rebound near $75 before considering adding short positions.