#白银 12.17 Morning Silver Strategy
The long-term support from industrial demand for silver and the favorable financial attributes of the Federal Reserve's easing form a dual drive. The strong performance of silver against declines in gold confirms the determination of silver bulls, and the market sentiment of 'bullish without guessing the top' dominates the trend;
The bullish trend that started from the low of 60.79 has completely unchanged, with the current price of 65.29 firmly standing at the key level of 65. The level of 63.2 serves as short-term support, and 60-61 is a strong support zone. As long as the support level is not broken, the upward momentum will continue;
The 1-hour chart indicators show active funding around 63.5, with MACD significantly expanding above the zero line, and the MA moving averages forming a steep bullish arrangement, confirming that bullish momentum is still being strongly released.
Trading Advice: Light long positions near 63.5-64.0
Defense: 63.0
Target: 65.3, 65.8
