Recent performance of precious metals indeed warrants attention. On the evening of December 26th, spot silver (London Silver) surged to a high of $75.6130 per ounce, breaking through the 73, 74, and 75 levels in one go. At the same time, spot gold also hit a record high of $4531.27 per ounce. The entire precious metals sector is moving upward, with a particularly strong correlation effect.
Carefully observing the rhythm of silver, it almost completely synchronizes with gold—lacking independent market characteristics. This indicates that gold is leading the direction of the precious metals sector, with silver mostly following along. From the hourly chart, it is currently oscillating within the $74-$75 range, but the bottom has not been broken, and within this wide fluctuation pattern, no reversal signals are visible for now. Trading volume has not diminished either, indicating that funds within the market are still battling in the opposing positions, which is more like a preparatory phase before an upward move.
If you want to participate in the bullish trend, consider looking for entry opportunities around the support zone of $73.5-$73.8 per ounce, with a stop-loss below $73.0. First target is set at $74.5 per ounce; if this level is broken, you can continue to look toward $75.0 per ounce.
A particularly important reminder: silver is already at a historical high, so position control must be strict. Do not invest more than 3% of your total funds in a single trade. If the support level at $73.5 is effectively broken, you must exit immediately to cut losses and avoid giving the trend reversal a chance.
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RektHunter
· 5h ago
Silver follows gold, no independent trend. I don't understand why I still need to watch the market separately.
It's at a historical high with only 3% position. Why so cautious? What are you afraid of?
Breaks below 73.5 and run. Sounds simple, but in practice, it's exhausting.
Just asking, who dares to hold a heavy position at this level? I wouldn't dare.
Could this rally be another fake-out? Gold and silver surge together and then turn around.
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FantasyGuardian
· 12-26 13:58
Silver's recent move is indeed fierce, but following gold's tail is a bit boring.
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The 3% position suggestion is good; playing at all-time highs really increases the risk of a sudden drop.
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Consolidation phase? I think it's mostly the big players shaking out weak hands. Don't be fooled.
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Even at 75.6, no reversal signal yet, which is a bit strange.
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If support breaks, run immediately. Never forget this ironclad rule—lessons learned the hard way.
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Gold sets the pace, with silver following suit. It feels like silver's presence is gradually diminishing.
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This rhythm looks like a trap for the bulls. Being cautious is definitely the right move.
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SchroedingerMiner
· 12-26 13:57
Silver is so closely following gold, it feels a bit boring. I just want to see when it can have an independent trend.
Reaching a new historical high means honestly controlling your position; 3% is really not excessive. Only after losing money do you understand.
Once 73.5 is broken, you must exit; don't hold on stubbornly.
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tx_or_didn't_happen
· 12-26 13:49
Silver is following gold so closely, no temper... Watching the 74-75 range repeatedly push back, it feels like it's gathering strength.
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Dare to hold heavy positions at historical highs? 3% position size is not a joke, right?
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Break below 73.5 and run, stick to this discipline, really don't be greedy.
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Gold lifts silver to take off, such a strong linkage effect, should we just go with gold...
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The trading volume hasn't shrunk, indicating there are still people opposing, this is probably a bullish opportunity.
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StableBoi
· 12-26 13:46
Silver is following gold in this wave, but it feels a bit lacking in independence... Let's wait until the break below 73.5 before making any moves.
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Historical highs are just that—highs. A 3% position is not a joke.
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This gold and silver correlation is too intense; gold is truly the big brother.
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Fluctuating between 74-75 repeatedly is annoying... When will the real trend emerge?
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Stop-loss is set at 73; this mental preparation needs to be solid.
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With such fierce capital battles, a buildup phase is indeed possible, but it’s mentally exhausting.
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DecentralizedElder
· 12-26 13:41
Silver is completely synchronized with gold. Such market conditions are a bit boring, feeling like there are no independent opportunities.
The suggestion of controlling single trades at 3% position size is good, but playing at this historical high still requires good psychological preparation.
Breaks below 73.5, then run. I like this stop-loss point set quite decisively.
Under the dominance of gold, silver is just a sidekick. When will this charging phase truly take off?
The trading volume hasn't shrunk, indicating there are still players, but I still think entering at this high level requires careful consideration of exit strategies.
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GasFeeCrybaby
· 12-26 13:40
Silver following gold so closely is a bit boring, there's no independence at all.
3% position control is really strict, do you think I'm a newbie haha.
Rushing to 75 so aggressively, I feel like this wave is a bit fake.
Enter now? I'll wait until it drops to 73, too many bait rebounds.
Still greedy at all-time highs, isn't this just self-cultivation of the bagholders?
Maintaining this volume is indeed interesting, but if it can't break through, it's still just dreaming.
Gold is the big brother, and silver obediently follows, this rhythm really leaves little room for operation.
Recent performance of precious metals indeed warrants attention. On the evening of December 26th, spot silver (London Silver) surged to a high of $75.6130 per ounce, breaking through the 73, 74, and 75 levels in one go. At the same time, spot gold also hit a record high of $4531.27 per ounce. The entire precious metals sector is moving upward, with a particularly strong correlation effect.
Carefully observing the rhythm of silver, it almost completely synchronizes with gold—lacking independent market characteristics. This indicates that gold is leading the direction of the precious metals sector, with silver mostly following along. From the hourly chart, it is currently oscillating within the $74-$75 range, but the bottom has not been broken, and within this wide fluctuation pattern, no reversal signals are visible for now. Trading volume has not diminished either, indicating that funds within the market are still battling in the opposing positions, which is more like a preparatory phase before an upward move.
If you want to participate in the bullish trend, consider looking for entry opportunities around the support zone of $73.5-$73.8 per ounce, with a stop-loss below $73.0. First target is set at $74.5 per ounce; if this level is broken, you can continue to look toward $75.0 per ounce.
A particularly important reminder: silver is already at a historical high, so position control must be strict. Do not invest more than 3% of your total funds in a single trade. If the support level at $73.5 is effectively broken, you must exit immediately to cut losses and avoid giving the trend reversal a chance.