April 10 Silver Analysis

The four-hour cycle trend is relatively strong, with prices steadily supported by the middle band of the Bollinger Bands, operating within a strong channel zone. The bottom support structure is solid, and the short-term silver price has ample room to rise. Watch for a breakout above the intra-day high of 76.25, with the target aligned with the Bollinger upper band at 77.88. The strong defense line is at 74.33. Overall, a low-buying strategy in line with the trend is recommended.

Suggestions:
Pull back to around 73.5-74.5 to buy in batches, with targets of 77 and 80.

Disclaimer: The above analysis is for reference only and does not constitute investment advice. Operate at your own risk.