12.9 Silver (XAG) Evening Outlook

The secondary indicators for Silver (XAG) have shown signs of a top divergence, and short-term upward momentum has somewhat diminished. Caution is advised when chasing highs in the short term as the risk of a pullback has increased.

In terms of volume, recent trading volume has remained at a moderate level, without extreme spikes or drops, reflecting a relatively mild tug-of-war between bulls and bears. There is currently no concentrated capital pushing a one-sided trend, and the primary tone for the short term remains a consolidation phase.

A short-term strategy of selling high and buying low can be adopted, as silver is still in a rising trend consolidation phase in the medium term. Shorting is only suitable for short-term participation and requires quick entry and exit.

Operational suggestion: Short at the 58.8-59 level, with targets at 58.2 and 57.7.