{video} Silver further retraced its prior advance today to reach the 61.8% Fibonacci retracement area with Monday’s low of 21.87. Support was subsequently seen leading to an intraday rally. Today’s low is right near support of the long- term uptrend line that starts from the swing low from the year 2020 (C), while the 61.8% retracement is at 21.82. Further, on the monthly chart, today’s low successfully tested support of the 50-Month EMA at 21.87. {chart} Given the bullish reaction off today’s lows, it looks like there is a good chance it may be the low of the retracement. Silver is currently on track to end the day ... (full story)