Midday Silver Outlook: Follow the Trend for Short Selling, Strictly Control Risks

Profit and loss share the same origin. The more volatile the asset, the more it tests the respect for the trend. Silver prices never leave room for luck.

In the early session, silver touched a low of 88.149, then rebounded slightly to around 89.863. Overall, it remains below the middle band of the Bollinger Bands, with a clear bearish trend.

From the 1-hour BOLL perspective, the price rebounded to the middle band and faced resistance. The upper band shows clear resistance, while the lower band continues to open downward. Bearish momentum still dominates, with the moving averages arranged in a bearish configuration. Short-term rebounds are more technical corrections rather than trend reversals. There are no obvious bullish catalysts from the news, market sentiment is bearish, and the bearish atmosphere is strong.

Trading strategy favors short positions. Currently, silver's downward momentum is strong, and contrarian long positions carry higher risk. It is recommended to follow the trend for short selling with strict risk control. Resistance levels are at 90.5-91.0, support levels at 88.0-87.5. Consider entering short positions in stages around the 90.5-91.0 zone, with initial targets at 88.5-88.0, and a break below 87.5. If it directly breaks below 88.0, consider light short positions with a stop-loss above 91.3.
⚠️ Disclaimer: The above analysis is for reference only and does not constitute any investment advice. The market carries risks; trading should be cautious. Profit and loss are at your own risk based on this operation.