The four-hour price level has stabilized above the middle band of the Bollinger Bands, and the MACD double lines remain above the zero axis. The bullish momentum has not fully dissipated, and in the ongoing battle between bulls and bears, the bulls still demonstrate resilience.



Recently, geopolitical uncertainties continue to support safe-haven demand, while market expectations for the US February CPI data are relatively mild. If inflation data declines, it will reinforce expectations of the Federal Reserve cutting interest rates. A weakening dollar is expected to drive a valuation recovery in precious metals. From a technical perspective, silver is consolidating within the 86-89 range, with strong support at 86.97. A breakout above 89.4 could open up room for a rebound.

Suggestions:
Buy on dips around 86.5-87 in batches, with targets at 89.5 and 92.

Disclaimer: The above analysis is for reference only and does not constitute investment advice. Operate at your own risk based on this information.
XAG-2,42%
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