December 16 evening silver strategy
The Federal Reserve's easing cycle sets the tone for the financial properties of silver, with a dual support from the global industrial demand recovery and geopolitical risk aversion. Non-farm payrolls only bring short-term fluctuations, and the pullback triggered by profit-taking and hawkish divergence is just an interlude; the low-level capital support is clear, accumulating momentum for the bulls' subsequent advances;
The hourly chart shows a complete rebound trend starting from 60.79, the current price of 62.93 is in a consolidation around the previous high of 64.65, which is a power accumulation and not a trend reversal, and the medium to long-term upward channel remains intact;
The hourly chart indicators show active capital support in the 62.0-63.0 range, MACD has gradually expanded the red bars after a golden cross below the zero axis, and although MA moving averages are temporarily sticky, they overall maintain a bullish arrangement tendency, confirming the technical logic of power accumulation before the upward attack.
Trading suggestion: Lightly buy near 62.0-62.5
Stop loss: 61.8
Target: 63.5-64.0
