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#SILVER DingDing Technical Analysis Report 2026-04-24
【Core Insights】: Weaker than weak! Major level rebound facing resistance, short-term bearish forces completely dominate the market, any rebound is a selling point.
Silver is extremely weak, after a high-level distribution on the daily chart, it has broken below the pivot. In the short term, the bears have seized the serve, frequent upper wicks appear, buying pressure is weak, and the bears are gradually pushing the price down, high risk of catching a falling knife.
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📊 Long-term Trend: Weak consolidation (daily chart)
【Strategy Summary】
Trend: Weak consolidation
Reason: Dropped back below the pivot, belongs to weak rebound after distribution.
Action:
• Script: Recommend to stay on the sidelines
• Capital: Patiently place orders 100%
• Defense: Only strengthen if it stands back above 77.46
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📊 Mid-term Trend: Weak consolidation (4-hour chart)
【Strategy Summary】
Trend: Weak consolidation
Reason: Positioned below the pivot, but has not yet broken S1 support.
Action:
• Script: Recommend to stay on the sidelines, wait for a break below 74.57
• Capital: Patiently place orders 100%
• Defense: Only strengthen if it stands back above 78.79
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📊 Short-term Trend: Minor bearish (1-hour chart)
【Strategy Summary】
Trend: Minor bearish
Reason: Upper wicks suppressing, closing below the pivot and moving averages.
Action:
• Script: Short on rebounds between 75.98~77.77
• Capital: Patiently place orders 70% + follow up on break below 30%
• Defense: Script invalidated if it stands back above 77.77
🛑 Short Position Setup:
• Stop Loss: 77.77
• Range: 75.98~77.77
• Follow Short: 73.61
• Take Profit: 71.82~69.45
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📝 Summary and Operational Advice
Overall direction is weak, going long in the short term is akin to suicide! Please abandon any thoughts of bottom fishing, the main force should patiently wait, aggressive traders can set up short positions during short-term rebounds to the resistance zone, trade with the trend!