February 6, 2026 Spot Silver Evening Analysis

Good evening, friends. Let’s discuss tonight’s trend for spot silver. Today, silver experienced wide-range fluctuations, initially falling then rising, going through a rollercoaster, but ultimately returning to a high-range zone with sideways movement. It did not break out into a clear bullish or bearish trend. In this kind of market, the best approach is to buy high and sell low within the range, avoid chasing rallies or panic selling, and focus on trading within the boundaries of the range for stability.

Currently, the market is being pulled in both directions, with no side having a clear advantage. There are supportive factors as well as suppressive ones, making it difficult to break the sideways pattern in the short term. Traders should not try to catch the big trend but focus on small swings within the range for profit. Use light positions, set proper stop-losses, and keep risk under control. Securing steady gains is more important than anything else. Follow the market rhythm and avoid being misled by small fluctuations during trading.

In terms of news, CME has raised silver margin requirements to suppress speculative funds. Weak ADP data supports expectations of rate cuts. Amid the tug-of-war between bulls and bears, silver prices have rebounded from oversold levels. The US dollar’s fluctuations are a short-term key disturbance.

Technically, today’s trading ranged between 64.03 and 75.31, with broad fluctuations. Resistance is at 75-75.5, and support is at 72-73. Indicators are neutral with no clear directional signals, and the range features are clear.

Tonight, silver continues to fluctuate within the 72-75.5 high zone, mainly through high sell and low buy strategies. During pullbacks to 72-73, consider buying in batches with stop-loss below $71. The target is near 74-76-78.

Maintain strict position control, avoid chasing rallies or panic selling, and be cautious of sudden news that could break the range.

This is only personal advice for reference and does not constitute investment guidance. Please follow Cheng Jingsheng’s layout for specific trading strategies! $XAG ‌#加密市场回调 #XAG