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XAG Silver USDT Perpetual Contract, a commodity asset tracking the physical silver price.
Related event: Precious metals rebound over 24h, driven by both safe-haven and industrial demand.
Recommended trading strategy:
Entry range: 69-70 USDT,
Target: 73 USDT,
Stop loss: 68 USDT (long position strategy).
Analysis: The recommended long strategy is due to the strong rebound of silver over 24h, which, along with gold, reflects an increase in risk aversion sentiment. The support level in the entry range is clear.
⚠️ Disclaimer: All shared content is for reference only and does not constitute any investment advice.
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$XAG