12.22 XAG Evening Analysis
During the day, XAG, as predicted by Youan in the morning, showed a continuous upward trend with fluctuations, reaching a peak of 69.4 before entering a mild consolidation phase.
From the day's movement, after touching the high point, there was no panic pullback, and the retracement remained restrained, operating above the middle track throughout, with the bullish strong pattern showing no signs of wavering.
From the hourly Bollinger Bands perspective, the three lines maintain a synchronized upward divergence rhythm, and the track distance is steadily expanding, confirming that bullish momentum is still being released in an orderly manner. Unlike XAU's consolidation after detaching from the upper band, XAG shows the characteristic of a 'gentle pullback after touching the upper band', which is a healthy digestion of the overbought state in a strong market, and the pullback has not broken the middle track, aligning with the strong structural logic of 'upper band traction and middle band support'. Meanwhile, MACD continues to operate above the zero axis, and although RSI is in the overbought range above 70, there are no signals indicating a downturn, suggesting that bullish momentum has not diminished.
(68.7 entry, 68.2 add, 67.8 defense, watch 71-73)
Personal opinion, not constituting investment advice
