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Silver plunged by more than double digits yesterday, but from a technical perspective, this wave of correction is quite balanced. Previously, it rose from 60 to around 84, with an increase of nearly 40%. We analyzed this market trend with everyone at that time, and now the correction is actually digesting those profit-taking positions, which has actually given many friends a second opportunity to enter.
The current question is, can silver rebound from this position and re-establish above the three-digit mark? This is a point of focus in the market right now. Based on the current support levels and overall trend, as long as trading volume can support it, the next upward space is still worth期待ing. Many traders are waiting for this point to rebuild positions, after all, opportunities to buy low are not available every day.