12.9 Tuesday Silver Morning Trend

Current silver price is 58.113, and the short-term trend shows a strong pattern of rebound after hitting a low of 57.875. The price quickly rebounded and stabilized above the 5, 10, and 20-period moving averages, with the moving average system turning upwards to form a bullish arrangement. The signal for stabilization at a low level is clear, and the support range of 57.875-57.945 has been validated effectively, with bullish momentum gradually being released.

Operation Suggestion

Go long around 58.00-58.10, with a stop loss at 57.95, and initially target 58.115. After breaking through, look for resistance at 58.117-58.120. #白银