Silver has now reached 25.5. Yesterday's news helped the bulls go up again, but there was also a sharp wash in the market. At present, the bulls are not under pressure at the 25.50 line, so continue to maintain the bullish thinking today.
Silver operation recommends buying at 25.4, risk control at 25.21, TP1:26 TP2:26.20.
Silver is bullish for several reasons:
1. Silver bulls continue to be strong, and the suppression at the 25.50 line has been broken, indicating that there is still room above.
2. According to the update of the wave trading system, the current 3-wave 1 rally has not yet ended, and it has entered the second half of the sub-wave 5 rise.
3. The intraday pressure is 26~26.20, and the support is 25.4~25.08.