Looking at the current structure of silver, the bulls clearly hold the advantage. On the 1-hour chart, although the $59.8-$60 area is a double-top resistance zone for silver, I don't think it's suitable to short silver at this time. This is because the trend for silver has clearly become stronger today, and the lows are constantly moving upwards. After hitting a low of $56.5, silver has formed a clear upward channel. I believe silver is very likely to retest the $61 resistance level.

Therefore, I think it's a good time to consider going long when silver retraces to the $59-$59.3 area. When silver rebounds to the $60.8-$61 area, we can go short.