Technical Outlook
Silver posted a new all-time high near $84 before a sharp post-session pullback. RSI remains below its moving average but is trending upward, while MACD signals elevated selling pressure. The rally is underpinned by a broader commodity supercycle, strong industrial demand, and safe-haven interest. Tight physical markets in Asia and higher CME margin requirements may cap volatility but support sustained upside.
Key Levels:
Support: $72.483 | Resistance: $81.593
Investor Takeaway:
Despite short-term volatility, structural supply-demand dynamics favor continued strength, albeit with more controlled advances.
