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Silver bounced back after probing deeply to around 65 yesterday. At this stage, we can first focus on the strength of technical correction.
From an overall perspective, the market is still suppressed by US dollar trends and delayed rate-cut expectations, and has not yet formed a trend reversal signal. Therefore, it is not advisable to chase long positions blindly. Strategically, we continue to focus on shorting after rebounds around highs.
Operationally, consider setting up short positions around 75, with targets looking lower at the 72-70 zone.