Su Wenyan: Spot Silver Monday(1month16day)Market trend analysis and operational suggestions

Su Wenyan: Spot Silver Monday(1month16day)Market trend analysis and operational suggestions

　　Message surface:

Thursday(1month12day)Spot silver has slightly increased since the opening, with the current increase0.74%Trading in16.85dollar/Ounces. After US President elect Trump held his first official press conference, the decline in US dollar and bond yields supported silver prices. After reaching a near one week low, silver prices have risen significantly and are approaching a new week high.

　Looking back on last week's situation at Bai Bank:

Silver prices continued to rise last week, forming a weekly chart3The continuous bullish pattern can be clearly observed in the technical chart, where silver prices have entered a strong stabilizing and rebounding channel. However, facing a bullish and bearish direction, if they rise, they will succeed in bottoming out. If they cannot break through, they will continue to fall and test support after being under pressure. At present, the main watershed prices are located in3500Position, which can be operated around in the short term.

　　If we cannot break through quickly3500The position allows for short selling attempts, and the main support position below is currently located3400At the checkpoint, you can continue to approach this position on the chart for long trading. The three consecutive bullish positions formed by the weekly chart will inevitably have a long continuation at the beginning of next week, with a focus on buying long on dips. The author provides a clear trend analysis. You still have an inaccurate grasp of trends and are hesitant about operationsAdd all-day online authorityswy502Baidu search for Su Wenyan to obtain operational profit opportunities.

　　Suggestion for Silver Operation:

　　1The price of silver can be seen in3400Long nearby, stop loss3380Next, target3500
　　2The price of silver can be seen in3500Short nearby, stop loss3530On, target3400

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