Silver Morning Market In-Depth Analysis

The hourly silver price shows a pattern of rising and then falling back, with the upper boundary of the upward channel showing significant resistance. The bullish momentum gradually weakens after a sustained rally, short-term upward movement is lacking strength, and the market is entering a phase of correction.

On the 4-hour chart, the MACD indicator has officially formed a death cross, and trading volume continues to shrink. Selling pressure is heavy, and bearish forces are gradually dominating. Coupled with the previous large gains in silver, market funds are increasingly taking profits, further suppressing short-term upward potential. Overall, the trend is relatively weak.

Short position range: 73-75
It is recommended to gradually establish short positions within this range, using staggered entry to average the entry cost, avoiding risks from short-term volatility, and prioritizing opportunities to short after rebounds face resistance.

Stop-loss level: 77
Set the stop-loss at 77. If the price strongly breaks through this level, it indicates that the short-term bearish logic has been broken, and it is necessary to exit promptly to avoid risks, strictly adhering to risk management rules.
First target: 70
Second target: 68
Medium to long-term target: below 65
As the market gradually weakens, profits can be taken in stages, prioritizing locking in gains. If the market continues to decline, holding short positions toward deeper levels below 65 is advisable.
Note: The above analysis is based on current technical indicators and market sentiment. Market movements are influenced by macroeconomic data, capital flows, and other factors. Trading should strictly control position sizes and implement risk management. The above content is for market analysis reference only and does not constitute investment advice.