Yang Jingle:10month24The daily fundamentals are uncertain, and once the US dollar falls, silver will regain its upward momentum

Yang Jingle:10month24The daily fundamentals are uncertain, and once the US dollar falls, silver will regain its upward momentum

Despite a slight increase in the US dollar last Friday, the uncertainty surrounding the upcoming US presidential election and the timing of the Federal Reserve's interest rate hike still exists. According to current polls, Hillary clearly has an advantage, and this political family is also supported by the current US President Obama. Obama mentioned earlier today that Trump has proven that he is not suitable for the presidency, Republican politicians have been proposing some "very crazy" things for many years. Trump and Putin have a "brotherly relationship", and Obama's remarks have pushed Trump to the forefront, playing the card of Russia, which is already at odds with the United States. As a result, silver prices have seen a slight decline in the morning.

On the other hand, with the arrival of the peak consumption season in India, physical buying may to some extent support a rebound in silver prices. The uncertainty of the US presidential election and the uncertainty of the time window for the Federal Reserve to raise interest rates, as long as there is a contrast in any aspect, the market will react, and the US dollar index rebounds close to before the Federal Reserve raises interest rates100The integer level of the US dollar is also an invisible positive factor for silver, and a high US dollar can only further pressure the US economy against the backdrop of loose global economic conditions.

On the technical chart of Xirui Silver, although it is currently consolidating at a low level, it has not been affected by the sharp rise of the US dollar and has not experienced another significant decline. Instead, it is consolidating at a low level and accumulating momentum. Once the US dollar falls, it is believed that silver prices will regain their upward momentum. Therefore, under such a gap, it is no longer appropriate for silver to short at a low level again.

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　　1. Callback3570Long nearby, stop loss3540, Objective3600reach3620

　　2. Rebounding from the previous high range of volatility3650Short nearby, stop loss3680, Objective3610reach3620

　　3.With the increase of demand side, it is expected that silver prices will be boosted in the future. Therefore, those with certain financial strength can explore the value layout of silver multiple orders on dips. For specific details, please add me on Yangjingle WeChatyxys136Detailed inquiry.