jherryPowell

Silver bulls are good and remain bullish

Long
TVC:SILVER   CFDs on Silver (US$ / OZ)
Silver has continued to rise well in line with expectations all the way, so it will continue to be low in the evening and wait for a rebound to go long.For silver operation, it is recommended to buy at 25.41, risk control at 25.25, and target at 26~26.20.

The chart is a silver 4H chart

Silver is bullish for the following reasons:

1. Silver bulls continue to be strong, and the suppression of the 25.50 line has broken through, indicating that there is still room above.
2. According to the update of the Turing Wave trading system, the current rally of 3 waves 1 has not yet ended, and it has entered the second half of the rise of the secondary sub-wave 5.
3. The intraday pressure is 26~26.20, and the support is 25.41~25.25.
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