#美联储重启降息步伐 Silver Technical Analysis on the Night of December 8

The bullish trend in silver is holding up very well, with short-term strength clearly visible. On the 1-hour chart, there are signs of sideways movement before the resistance level, but the previous pullback after reaching 59.080 is completely normal—this is the main force building momentum. Looking at the moving averages, the bullish signal is very clear. The 57.5 to 58.0 range below acts as a strong barrier with solid support, and the current consolidation is a buildup phase before a breakout. In this scenario, a larger upward move is usually brewing.

How to trade? Wait for a pullback to around 58.2-58.4 to open a small long position—don’t be greedy at first. Set a stop loss below 57.8; if it doesn’t hold, it may indicate a trend reversal. On the upside, the short-term targets are 58.8 and 59.2, which are areas of concentrated resistance.

The correlation between precious metals and the crypto market is getting stronger, and the Fed’s rate cut expectations are impacting both. $BTC $ETH are moving in sync, and risk appetite is shifting; silver’s price action also reflects this change in market sentiment.