Silver remains cautiously bullish despite sharp volatility following a new all-time high near $84. Elevated margin requirements and profit-taking have driven the recent pullback, but structural drivers remain firmly intact.
Industrial demand—particularly from Asia—continues to absorb supply, while CME margin hikes and physical shortages in Shanghai underscore tightening market conditions.
Key Levels: Support 72.483 | Resistance 81.593
Investor Takeaway: Elevated selling pressure reflects positioning reset rather than trend exhaustion; medium-term momentum remains supported by the commodity supercycle.
