12.17 Morning Silver Strategy

The long-term support from industrial demand for silver and the loose financial attributes of the Federal Reserve form a dual driving force. The resilient performance of silver during significant declines in gold confirms the determination of bullish capital in silver, with market sentiment leaning towards 'bullish without guessing the top';

The bullish trend that began from the low point of 60.79 remains unchanged, with the current price at 65.29 firmly standing at the key level of 65. The short-term support is at 63.2, and the strong support zone is between 60-61. As long as the support level is not broken, the upward momentum continues;

The 1-hour chart indicators show active capital accumulation around 63.5, with MACD having significantly expanded red bars above the zero axis, and the MA moving averages presenting a steep bullish arrangement, confirming that bullish momentum is still being strongly released.

Trading Suggestions: Light positions around 63.5-64.0

Stop Loss: 63.0

Target: 65.3, 65.8