ATFX:白银的暴力逼空行情结束了吗

Core Viewpoint - Silver prices have experienced significant volatility, with a recent surge followed by a sharp decline, influenced by factors such as Federal Reserve interest rate decisions and geopolitical tensions [1][7]. Group 1: Price Movements - Silver rose from $72.8 to $82.7 over two days, then fell to a low of $75.16 [1][6]. - The price of silver increased from a low of $48.6 on November 21 to a high of $82.7, marking a cumulative increase of over 70% [7]. - A typical double top structure has formed, with historical highs at $83.92 and $82.73, indicating potential price resistance [5][10]. Group 2: Influencing Factors - The Federal Reserve's interest rate cuts have a mild positive effect on silver prices, with expectations of three rate cuts in 2025, each by 25 basis points, which may not significantly stimulate buying sentiment [7]. - Geopolitical tensions, particularly in Venezuela, have eased, reducing their impact on silver price movements [7]. - The recent price surge is attributed to a "short squeeze," where many short positions were forced to cover, leading to a rapid increase in prices [2][7]. Group 3: Market Dynamics - The recent decline in silver prices reflects profit-taking by short-term traders after the extreme price movements [2][7]. - A support level is identified at $70.04; if breached, it may signal the end of the current bullish trend, while a rebound could indicate a continuation of the upward momentum [5][10].