#美国核心物价涨幅不及市场预估 Silver at the 88 level has stabilized, and a rebound is coming—long-term target looks toward $100.

Yesterday, silver rebounded from 86 all the way up, and has stabilized in the 88-90 range, with a strong defense line. Currently, the supply and demand gap is evident, plus the benefits from the Federal Reserve's rate cuts, and the demand in the photovoltaic and AI industries is also expanding rapidly. These factors together give the bulls a solid foundation. As long as the 88 level holds, the upward trend will not change.

**Key levels to watch**

Breakthroughs upward: 95, 100, 103—these three barriers
Defense downward: 88-90 zone, 80, 75

**Why bulls have a chance**

Strong buying power at low levels, with inventories hitting new lows in over a decade. The Federal Reserve is cutting rates, geopolitical tensions are boosting safe-haven demand, and industries like photovoltaic and AI are experiencing explosive growth in demand for precious metals—supply can't keep up, so the bullish logic is solid.

**How to operate**

Building positions: Enter long positions at 90-92, with stops below 86, watch whether 95-100 can be taken, then aim for 103 on a breakout.

Adding positions: If the price pulls back to 88-90 and stabilizes, you can add to your position, with stops below 80, keeping the targets unchanged.

Dealing with variables: If it breaks above 96, follow the trend and go long without hesitation; if it falls below 86, don't rush to short, wait for a rebound to 88-90 and try short positions with a light position, setting stops above 92, and targets in the 80-75 range.

$XAU $XAG

*Disclaimer: The above is personal analysis and opinion. Market conditions change rapidly; please manage risks accordingly.*