彼得兔|Mar 24, 2026 07:41
Silver Market Analysis 2026.03.24
Since I managed to catch the historical high of silver, is it too much to ask for another small rebound?
The relationship between silver and gold is similar to that of ETH and BTC. The movements of the "No. 1 dragon" and "No. 2 dragon" are mostly similar, so I only shared about gold before. Today, let’s talk about silver specifically.
Silver’s low point of 60.8 yesterday might serve as a short-term low. It’s currently stabilizing and entering a rebound. If this rebound is on a larger scale, targeting the entire red path shown in the chart, then the duration and magnitude of the rebound could be quite significant.
However, one thing we need to pay extra attention to is that if this rebound is only targeting the blue path shown in the chart, then it’s on a smaller scale with limited magnitude. To put it more bluntly, if gold experiences a deep pullback without breaking its low, there’s a possibility that silver could break its low. That’s why my first choice for trading is gold, and I’ve only opened a symbolic position in silver.
Gold and silver might be the best trading opportunities this year and possibly in the next five years. So, I’ll be focusing more on these two assets this year. When they stop being fun, the crypto market adjustments should be almost done, and I’ll switch my main battlefield then.
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