12.11 Silver Morning Analysis

From the market trend, silver shows a strong pattern of a rebound after hitting a low, with prices quickly bouncing back from the low of 62.264. It has currently risen to the level of 62.651, just a step away from the previous high of 62.718, indicating significant momentum for a bullish counterattack. In terms of technical patterns, the price has formed a V-shaped reversal after a pullback, and the short-term moving average system has turned upwards, gradually revealing the initial form of a bullish arrangement, reflecting a continuous influx of buying power in the short term and an optimistic market sentiment.

From the analysis of key levels, the range of 62.264-62.30 below has become an important support zone for this correction. This position is both the recent low of the pullback and the support resonance level of the moving average system. If this range is maintained, the bullish trend is unlikely to be broken. The upper resistance level is at 62.718, and if it can be effectively broken, silver will open up further upward space, potentially challenging the 63.0 integer level.

Operational Suggestions

Near 62.30-62, target 62.85, 63#白银