Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The recent movement on the 1-hour silver chart has shown a clear technical turning point.
Carefully observe the market, the previous A-B-C three-wave correction has basically completed, and the blue support line is holding firmly at the low point of wave C, indicating that the pullback has been fully released. From a wave structure perspective, it is highly likely that the market will enter a 5-wave upward cycle next.
The current rhythm is as follows: Wave (1) is already brewing a breakout force, and the key is whether wave (2) can be effectively confirmed at a critical position. If wave (2) retraces to the expected support as anticipated, it will be an excellent entry point for phased long positions. Wave (3) is the true explosive wave, usually the strongest, with the target directly aiming at the upper trendline resistance.
Specific trading strategy: wait for confirmation signals of wave (2), then gradually establish long positions at key price levels, with strict stop-loss set below the low point of wave C to lock in potential losses. This approach allows participation in the upward trend while effectively managing risk.