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I recently checked the precious metals market, and silver has been performing quite weakly. Personally, I think one reason is that oil prices have risen significantly recently. Once energy costs go up, industrial sector pressure increases, and since silver has a high industrial attribute, when demand expectations weaken, it's hard for prices to strengthen.
Based on this judgment, I directly opened a short position on silver at Gate, simply believing there's more downside space in this period. This kind of market doesn't seem necessary to force long positions—trading short with the trend is actually more stable.
The silver contract at Gate has decent liquidity and smooth execution, making it particularly convenient for trading trend positions like this. Let's first see if this wave can push the previous low down further. If it breaks through, there should still be room below.
@Gate_zh
@GateFutures
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