28 April 2026 Spot Silver Morning Analysis

Silver in the morning moves in sync with gold, overall weak oscillation, market performance is dull, currently no signs of stabilization or strengthening.

The hourly chart shows a long upper shadow bearish candle, enough to indicate heavy resistance above, short-term rebound resistance is strong. Although the four-hour chart closes slightly bullish, the price still operates within the lower band of the downtrend channel, making it difficult to break through the midline in the short term, and the overall pattern remains weak oscillation.

Short-term market continues to consolidate within a range, with key resistance focus at 76.5 and 77.5; short-term support at 74.5, strong support at around 73.

In terms of operation, rely on the upper resistance levels to gradually establish short positions, entering around the 76.5 to 77.5 zone, with targets at 75 and 73 respectively, with proper risk control and stop-loss management.

The above is only personal advice, for reference only, not investment advice, please follow Cheng Jingsheng's layout for specific strategies!$XAGUSD