12.12 Evening Silver Strategy

Expectations of global central bank easing, geopolitical risk demand, and a rebound in industrial silver demand create a triple resonance of bullish factors. Although there is a significant divergence between domestic and international silver prices, the layout of long positions in the international market remains uninterrupted, with fundamental support providing core momentum for silver's upward movement;

The 1-hour chart shows that the price started a unilateral rise from the low of 60.090, after experiencing fluctuations and adjustments, it again surged to the previous high of 64.567. The current price is 64.373, firmly standing at a high position, with previous resistance levels of 62.848 and 63 completing a top-bottom conversion into support, indicating strong resilience in the bullish trend;

The 1-hour chart indicators show that funds continue to support at low levels during fluctuations. The Bollinger Bands are opening upwards, and the price is operating along the middle track of 62.207. The MA moving averages maintain a bullish arrangement, the MACD red bars are shrinking but no death cross has appeared, and the short positions are merely for profit-taking in the short term, with the rebound trend not showing signs of exhaustion.

Operational Suggestions: Light long positions near 63.8-64.3

Defense: 63.5

Target: 64.5, 65.0#白银