12.19 Silver (XAG) Market Views and Trading Strategies
The mid-term bullish trend of silver is solid, and the current decline is merely a technical correction in the rising process, with the trend structure remaining intact.
The 30-minute level shows a weak rebound pattern with lower highs and higher lows, while the 1-hour level has short-term moving averages in a bearish arrangement, with the short-term rhythm dominated by bears.
The oscillation indicators are continuously operating below the zero axis, and there are no signs of exhaustion in bearish momentum; the rebounds during this period are all technical corrections, and there is currently no technical support for a trend reversal.
Trading suggestion: Establish short positions around 66, targeting 64.5 and 64. $BTC #比特币流动性 #美国非农数据超预期
