8.20 Silver
From the hourly perspective, after the price surged high under the influence of U.S. Treasuries, it has entered a consolidation-and-pullback pattern in the high range. The upper rail has begun to converge downward from the recent high; the channel opening has narrowed noticeably, indicating that the momentum behind the prior one-way upward move is fading. Although the price is temporarily supported by the middle rail, the candlestick bodies have continued to shrink and the upper and lower shadows alternate frequently, suggesting increasing disagreement between buyers and sellers and insufficient willingness on the part of the bulls to press forward. If the middle-rail support cannot be held effectively, the lower rail of the channel will become the next target area.
The MACD’s two lines complete a death cross in the high zone. The histogram has turned from positive to negative and is gradually expanding, indicating that bearish volume is beginning to release. Notably, while the DIF line is still above the zero axis, its downward slope is relatively steep. After a high-zone death cross, the process of falling back toward the zero axis is often accompanied by episodic selling pressure release. If the DIF line further breaks below the zero axis, it will confirm that the short-term trend has shifted from bullish to bearish.
（Enter at 67.0, add at 67.7, set protection at 68.5, watch for 65-63）
The above is an objective analysis of the chart and does not constitute any investment advice. The market is uncertain; please make specific trading decisions based on the real-time chart and your own risk tolerance, and exercise independent, prudent judgment while assuming the corresponding risks.
$NVDA.US $AAPL.US $XAG
From the hourly perspective, after the price surged high under the influence of U.S. Treasuries, it has entered a consolidation-and-pullback pattern in the high range. The upper rail has begun to converge downward from the recent high; the channel opening has narrowed noticeably, indicating that the momentum behind the prior one-way upward move is fading. Although the price is temporarily supported by the middle rail, the candlestick bodies have continued to shrink and the upper and lower shadows alternate frequently, suggesting increasing disagreement between buyers and sellers and insufficient willingness on the part of the bulls to press forward. If the middle-rail support cannot be held effectively, the lower rail of the channel will become the next target area.
The MACD’s two lines complete a death cross in the high zone. The histogram has turned from positive to negative and is gradually expanding, indicating that bearish volume is beginning to release. Notably, while the DIF line is still above the zero axis, its downward slope is relatively steep. After a high-zone death cross, the process of falling back toward the zero axis is often accompanied by episodic selling pressure release. If the DIF line further breaks below the zero axis, it will confirm that the short-term trend has shifted from bullish to bearish.
（Enter at 67.0, add at 67.7, set protection at 68.5, watch for 65-63）
The above is an objective analysis of the chart and does not constitute any investment advice. The market is uncertain; please make specific trading decisions based on the real-time chart and your own risk tolerance, and exercise independent, prudent judgment while assuming the corresponding risks.
$NVDA.US $AAPL.US $XAG