Silver sees extended decline, bears set to extend
The failure of silver's counterattack on Wednesday means that the recent decline is not over yet. The market chose to extend the trend of the wave to continue the short trend. Therefore, it will continue to maintain a short-term thinking in the short term, and wait for the end of the extended wave before considering intervening in the rebound wave. Waiting for the opportunity to take a step after the rebound today. Silver operation suggests selling at 23.19, risk control at 23.35, target 22.80~22.50.
The silver daily line failed to continue to rebound at the key support, indicating that the invalid decline here is not over.
The intraday pressure is 23.19~23.32, and the support is at 22.80~22.50~22.25.
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