Silver rose further following capture of Nicolas Maduro. Current surge is product of commodity supercycle driven by industrial demand and demand for safe assets as traditional assets highly correlated. CME raised margin requirements to $25,000 with shortage in Shanghai markets as Asian industrial demand eating up new supply. Can expect sustained bullish momentum from this point onwards, but no big jumps.
Key Levels: Support at $70.882 | Resistance at $81.593
Investor Takeaway: RSI below MA line trending upward with high MACD selling pressures; geopolitical catalyst adds to commodity supercycle thesis with Shanghai shortage confirming physical tightness.
