Domineeringdeal

Silver breaks low again, the space below opens

Short
Domineeringdeal Updated   
FXOPEN:XAGUSD   Silver / U.S. Dollar

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Silver fell below the previous low and made a new low today, indicating that it will continue to advance towards the lower target, so if there is a rebound today, it will continue to be high-altitude. Silver operation suggestion 23.37 sell stop loss 23.53 target 23~22.80

Silver sees a rebound for several reasons:
1. Silver's daily line is negative, which can be regarded as a second bottoming pattern in the short-term rebound. Here, if it does not break through the previous low, the bulls still have a chance to save themselves.
2. The first stage of this downward adjustment may have ended, and the market has entered a phased rebound trend.
3. The intraday pressure is 23.37~23.53, supported at 23.0~22.80.

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