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Silver Struggles to Find Momentum Near Major Level
The silver market fell a bit during the early hours on Thursday to test the $80 level, but quite frankly, the $80 level seems to be offering a bit of resilient support. The 50-day EMA is hanging around in the same area as well, so that’s another reason to think that perhaps there’s a little bit of hope here for buyers. Even if we were to break down below here, I would direct your attention to the larger consolidation area that may be forming. This would be between $70 on the bottom and $90 on the top. In other words, $80 is essentially fair value.The market will continue to be very noisy and choppy, especially ... (full story)
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- Feb 13, 2026 6:00am Posted byTechnical Analysis184
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