Morning Trend | CHI SILVER GP is gaining strength against the market trend, is a capital game change imminent?

China Silver Group (815.HK) has recently seen a surge in volume against the market trend, with its stock price oscillating at low levels to build a bottom, indicating that major funds are quietly positioning themselves. The gold and precious metals sector has become a new favorite for risk-averse and hedging funds amid current global macro uncertainties, with some capital choosing to engage in deep speculation in the silver branch. Recently, China Silver Group has experienced increased turnover and frequent intraday fluctuations, with foundational and speculative funds actively hedging, resulting in a phase of oscillatory consolidation. From a technical analysis perspective, the stock has consecutively closed with bullish bottom-finding candles over the past few trading days, with the 5-day and 10-day moving averages interlacing and moving upward, and the MACD showing initial signs of a golden cross, gradually accumulating a bullish atmosphere. However, there have been instances of profit-taking during the trading session, and short-term chips are noticeably loosening, indicating that it is still in the phase of capital testing. In terms of the industry, silver prices are experiencing significant short-term volatility, and changes in policy expectations and global risk-averse demand can easily trigger substantial market fluctuations in a single day. If the external environment worsens further, leading to a new round of upward movement in silver prices, China Silver Group may drive a concentrated explosion of sector sentiment. However, if the volume is insufficient or news turns negative, the probability of the stock price falling back to test the bottom increases. The operational strategy suggests primarily observing; participation can be considered when both volume and price rise, but excessive chasing of gains is not advisable. If it breaks below key support levels, decisive exit is necessary. Overall, a window for change has emerged, and close attention should be paid to fundamental data and intraday capital movements, maintaining high sensitivity to the evolution of capital speculation