Silver Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Silver is currently trading around 83.54 and moving sideways after a sharp drop in early February. The market tried to recover but momentum is fading, with recent candles showing lower highs, which suggests the rebound is weakening.



Price is sitting around the 60-period moving average, making this a key decision zone. If the price holds above ~83, buyers may push it back toward 87–91. If it breaks below ~80, the move could extend down toward 75.

The RSI is about 44, which is slightly bearish but not oversold, meaning the price still has room to fall before buyers are forced in. Overall, the market looks neutral to slightly bearish unless bulls reclaim the mid-80s and push higher.

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