Outlook: Cautiously Bullish | Timeframe: 1 Day
Silver broke above resistance before retracing, reflecting post-data volatility. Despite near-term selling pressure, silver continues to benefit from industrial demand, particularly tied to the ongoing commodity supercycle and AI-related infrastructure buildout.
Key Levels:
Support: 58.73 | Resistance: 66.85
Investor Takeaway:
Short-term volatility masks a constructive medium-term demand backdrop.
