Trading Insights

Silver (XAG/USD)

Silver Breaks ATH at $71, Now Trading at $72 in Commodity Supercycle

Silver broke past ATH of $71 and now trading at $72. 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 $69.199 | Resistance at $74.410

Investor Takeaway: RSI below MA line trending upward with high MACD selling pressures; ATH breakthrough confirms commodity supercycle thesis as industrial demand and safe-haven flows converge.

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