12.10 Silver (XAG) Early Morning Perspective

Silver (XAG) has broken through the previous range's upper boundary on the 1-hour chart and continues to rise, supported by a medium to long-term upward trend line. The bullish trend structure is complete and is in a strengthening phase.

Short-term moving averages are in a bullish arrangement, with prices consistently operating above the moving averages, and effective support is available during pullbacks.

Previous top divergence signals have been repaired as prices broke through, and the current bottom indicators are rising in sync without new divergence signs; bullish momentum continues to be released.

When prices break through the range, trading volume increases simultaneously, and the subsequent upward phase maintains active volume, indicating strong willingness to support funds. This performance effectively validates the validity of the upward trend.

Operation suggestion: Buy on a pullback to the 60-60.2 line, and if it breaks down past 59.8, reverse to short, avoiding the risk of a pullback after a rapid rise.