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Silver's recent trend has been quite respectful. Yesterday's performance was basically in line with expectations—initially finding support at the 71.6 midline on the hourly chart, then rebounding to 72.2 before selling off, taking short-term profits. Although the lower level of 69.8 was not finally touched (the lowest was only 70.17), the overall close was in the 72-71.9 range, indicating relatively strong momentum.
From the daily chart perspective, yesterday closed with a near-doji star. This pattern appeared after a continuous rally, and the probability of further upward movement is quite high. Based on this logic, there may still be room to push higher, even with the potential to hit new all-time highs.
On the technical side, key levels to watch are: above 73.35 is a clear resistance level, and a breakout could signal new upward space; support levels are at 70.2 and 71. As long as prices stabilize at these levels, the bullish outlook remains unchanged. Overall, the momentum is quite strong, so continue to monitor subsequent developments.