Han Shuying:10month24Analysis of the spot silver market next Monday and operational suggestions

Han Shuying:10month24Analysis of the spot silver market next Monday and operational suggestions

　　International news:

Since the beginning of this week, due to good economic data released by the United States and speeches by Federal Reserve officials, expectations of interest rate hikes for the year have been reduced, and the strong upward momentum of the US dollar index has been curbed. Spot silver has taken advantage of this trend and continued to rise17.75dollar/Around ounces, but on Thursday(10month20day)Under the dual pressure of the European Central Bank maintaining interest rates unchanged and the rise of the US dollar, silver bulls were instantly poured with cold water and fell to low levels again for consolidation, while the Federal Reserve12A series of events such as the prospect of monthly interest rate hikes are expected to dominate the trend of silver prices.


　　Analysis of spot silver market:

The silver price continued to maintain its position yesterday. As can be seen from the technical chart, the current silver price is still very weak. If it operates according to the current pattern, the author predicts that the market will hit a new low again on Monday. What will be the specific market trend on Monday, and how will we respond to it?Please add Wei and Xin in a timely mannerhsy972The author Han Shuying will provide timely market analysis and operational strategy guidance.

As far as the current trend is concerned, the price of silver is mainly suppressed by the sticky dead cross from the daily price moving average3610Nearby prices are expected to drop again after Monday's market test, and further attention is needed below3560Nearby support, please consult Wei and Xin for specific operation of the order locationhsy972Author Han Shuying suggests maintaining interval operations on Monday.


　　Suggestions for Monday's operation of spot silver:

　　1See the price of silver3560Long nearby, stop loss3530Next, target3610

　　2See the price of silver3610Short nearby, stop loss3640On, target3560

　　3The above analysis represents the author's personal views and is for reference only,Add WeChat specificallyhsy972;Remind investors to pay attention to controlling positions and setting profit and loss limits during actual trading operations


　　Exclusive strategy writer: Han Shuying/Exchange WeChat hsy972