#Strategy加码BTC配置 Let's discuss the outlook for silver. Some time ago, I shorted around 78, and now it has dropped to about 71, with a floating profit of about 7 points. From a technical perspective, this downward move has been quite smooth, and the decline logic is relatively clear. The precious metals market has been quite volatile recently, and as a metal with strong industrial attributes, silver is quite sensitive to economic expectations. In the short term, we need to continue observing market sentiment and changes in the US dollar index, as the correlation between precious metals and the US dollar index is quite high.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
4
Repost
Share
Comment
0/400
OfflineNewbie
· 5h ago
7 points of space, this wave is indeed smooth.
View OriginalReply0
PermabullPete
· 5h ago
Bro, this deal is awesome, 7% straight to my pocket. Much better than my recent BTC trading.
View OriginalReply0
DegenApeSurfer
· 5h ago
7 points of space, not bad, just worried that a wave of pullback in the US dollar index might wipe it all out.
#Strategy加码BTC配置 Let's discuss the outlook for silver. Some time ago, I shorted around 78, and now it has dropped to about 71, with a floating profit of about 7 points. From a technical perspective, this downward move has been quite smooth, and the decline logic is relatively clear. The precious metals market has been quite volatile recently, and as a metal with strong industrial attributes, silver is quite sensitive to economic expectations. In the short term, we need to continue observing market sentiment and changes in the US dollar index, as the correlation between precious metals and the US dollar index is quite high.