Trading Insights

Silver (XAG/USD)

Silver Touches Resistance in Commodity Supercycle Surge

Silver touched R1 then retraced. Current surge is product of commodity supercycle driven by industrial demand and demand for safe assets as traditional assets are highly correlated.

Key Levels: Support at $53.957 | Resistance at $62.986

Investor Takeaway: R1 test signals consolidation phase, but commodity supercycle thesis (industrial demand plus safe haven flows) supports medium-term strength as correlations rise.

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