Analysis of Silver Market 2026.03.27
Do you remember on January 3rd and January 8th when friends asked me about my views on silver? At that time, the price of silver was at 70. I told him that the upward trend of silver was about to start, expecting it to reach 100+
Later, I also reminded friends in the group who had silver to sell after reaching 100+. Time flies, and in the blink of an eye, two months have passed, and silver has returned to the place where the dream began.
I have always advised everyone not to treat silver as a primary trading target, because its biggest use is industrial, and it has almost no financial attributes. It is purely that in the past two years, some people have speculated and attracted everyone's attention, and then a group of people got stuck, with no choice but to keep playing.
Currently, silver is experiencing a rebound against the illustrated black segment's decline, with two possible scenarios illustrated:
Red: The rebound has ended, with 74.4 as the endpoint of the rebound. Silver will subsequently drop below 60.69, and after finding the endpoint of the decline, it will undergo a wave of the same level rebound.
Blue: 60.69-74.4 is just the first segment of the rebound for silver. There will be a second wave next week, and the endpoint of the rebound will be slightly higher than 74.4, but it will not change the nature of it being just a rebound. After the rebound ends, silver will continue to decline until it finds the endpoint of the decline.
The situation of silver is somewhat more complicated than that of gold, because it sometimes does not quite conform to market rules. There is always an invisible big hand behind it 🤣
#金价连续第十天下跌 $XAG
