Group 1 - The strong performance of silver is directly related to the complexities in the US-Japan trade negotiations, with internal disagreements among US officials causing market concerns about escalating trade tensions [3] - Technical analysis indicates that despite the RSI reaching an overbought zone, the bullish momentum remains intact, with a key resistance level at $36.10 that could lead to a target of $37.04 if maintained [4] - The mid-term outlook for silver remains supported by ongoing expectations of interest rate cuts by the Federal Reserve, alongside the uncertainty revealed in the US-Japan negotiations, enhancing silver's appeal as a crisis hedge [5] Group 2 - The COMEX silver futures non-commercial net long positions have increased for three consecutive weeks, indicating a strategic demand from institutional investors for precious metals [4] - There are potential risks in the $36-$37 range due to significant resistance levels established since 2013, which could trigger technical corrections [5] - Short-term investors are advised to hold long positions with a stop-loss at $35.50, targeting $36.80, while mid-term strategies should wait for a pullback after a breakout above $37 [5]