A potential downward scenario involves breaking below the 200-Day EMA, which could open the door to a further decline toward the 61.8% Fibonacci level, potentially reaching the $22 mark. A breach of this level would pave the way for a more substantial move downwards, with the $20 level becoming a viable target, potentially coinciding with a strengthening US dollar. On the upside, the 50-Day EMA poses a slight resistance just above the $24 level. If silver manages to surpass this hurdle, it is likely to aim for the psychologically significant $25 level, which attracts significant attention. Considering these factors, ... (full story)