#白银 12.16 Morning Silver Strategy
Although there may be short-term disturbances from non-farm data, the overall direction of the Federal Reserve's easing cycle has not changed, and the fundamental advantages of silver's financial attributes remain solid; global industrial demand is picking up and geopolitical risks continue to provide support. Profit-taking and hawkish disagreements may only trigger a brief pullback, making it difficult to reverse the medium to long-term upward trend, and the clear support from low-level funds provides a basis for bulls to build momentum;
The rebound trend from the low of 60.79 on the 1-hour chart has not been broken, and the current price of 63.89 is in the accumulation phase below the previous high of 64.65. The high-level fluctuations are a digestion of the previous gains rather than a trend reversal, and the medium to long-term upward channel remains intact;
The indicators on the 1-hour chart show that there has been continuous support from funds in the 62.0-63.0 range. Although the red bars of the MACD above the zero line have shrunk, a dead cross has not occurred, and the moving averages are overall in a bullish arrangement, indicating that the bearish selling pressure has gradually been released, and the bulls are accumulating momentum to break through the previous high.
Operational Suggestions: Lightly buy near 63.0-63.5
Defense: 62.5
Target: 64.0, 64.5
