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Silver: Drops and Bounces
Silver declined sharply on Tuesday before stabilizing near the key $47 level, a long-tested support zone. Analysts note that being above $45.50 could sustain consolidation, while a breakdown below that point may trigger a deeper collapse. Silver fell pretty significantly during the trading session on Tuesday as we continue to see a lot of volatility, but it has seen a bit of a turnaround. It’s interesting because the $47 level is an area that’s been important multiple times and it is, in fact, showing signs of life. The market turning around and showing signs of life does at least suggest that we are a bit ... (full story)
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- Nov 5, 2025 4:51am Posted byTechnical Analysis161
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