12.15 XAG Intraday Analysis
The market's expectations for liquidity easing are rising, boosting the overall allocation value of precious metals; bets in the overseas market for a rate cut by the Federal Reserve at the end of the year continue to ferment, and a weakening dollar index opens up space for silver prices to rise. At the same time, silver has both precious metal and industrial properties, with three domestic departments working to boost consumption and the National Development and Reform Commission taking multiple measures to promote investment stabilization, which is favorable for the industrial demand side of silver. Coupled with the upward linkage effect between silver and gold, the willingness of funds to allocate silver is increasing, making it possible to go long.
The previous points rebounded quickly after testing 62.0, marking a reasonable critical point for the first bullish layout under the 'upward trend structure'; this position is a good entry point.
61.3 can add positions: this is a secondary support level below the upward trend line, and also the key low point for the previous point's rebound; after previously dipping to this area, there was a clear buying signal; if the point further retraces to this level, it represents a 'second dip opportunity in an upward trend', adding positions can amplify bullish positions under trend support.
Defensive level: 60.7, which is the recent critical breakdown point; if the point effectively breaks below this level, it means that the core logic of the current bullish layout is invalid; setting the defensive level here can clarify the stop-loss boundary.
Looking at 63.5-64.2
(Enter at 62.0, add at 61.3, defend at 60.7, look at 63.5-64.2)
Personal opinion, not an investment operation
