How Much Upside Potential Does Silver Have? Strategy Update

3 giorni fa

The rise in silver prices is a clear signal to the market that its intrinsic value is being reassessed. This bull market in silver is not simply driven by sentiment, but by the dual demands of national-level geostrategic allocation and the global competition in the new energy industry.

Silver has been the star performer this year, breaking a 46-year high and rising 98% year-to-date. This was expected given our consistent bullish trend. However, the rapid and unilateral surge has made the gains seem alarming. A clear-headed assessment of the overall trend is still necessary. The overall trend remains bullish, and pullbacks are inevitable. Buying on dips is the strategy, while selling on rallies is the tactic. Again, avoid chasing the price higher.

The operational strategy remains primarily buying on dips: watch for support at 56.2-56.8. It's important to note that even the strongest markets need pullbacks to consolidate: resistance is at 58-58.5. I focus solely on short-term trading and clear market analysis. In short-term trading, there is no market that rises or falls forever, only the right entry point at any given moment. Find your rhythm and follow the trend. That's the essence of trading. Currently, you must seize every opportunity to buy on pullbacks. If you're struggling to execute trades precisely, try my method: first test the market with a small position, then add to your position on pullbacks. This way, you won't miss any opportunities.

If you need to recover significant losses or obtain precise trading signals, find the channel entry and contact me to trade strictly according to my signals. This will make it easier for you to recover losses or double your profits!

3 giorni fa

Trade attivo

Another successful prediction. We repeatedly warned of the risk of a pullback in silver. Our short positions near $58 have yielded substantial profits; a great day starts with a profit. If you need to recover significant losses or obtain precise trading signals, please contact me. The upcoming pullback will be a buying opportunity; long positions can still be entered in batches between $56.2 and $56.8.

3 giorni fa

Trade chiuso: obiettivo raggiunto

Long positions in silver bought at 56.5 are currently profitable. Please manage your positions carefully. Both long and short positions in silver have profited today. After this recent surge to 58.5, international silver is likely to see a pullback. Following the continuous rise, a top formation appears, but it's not yet confirmed. Therefore, we shouldn't rush to declare a trend reversal. Silver will likely consolidate at high levels on Tuesday. Don't worry too much about further gains; with resistance at 58-58.5, we expect further pullbacks.