Silver has dropped around 25–30% from the highs. Strong USD, rising yields, and heavy profit booking after the rally are keeping pressure on price.
Right now it’s hovering near the $69-70 zone – a key level to watch.
•Support: 69.5-68.8 (holding zone), 67.5-66 (breakdown), 63 (panicaler
• Resistance: 71.5-72.5 (intraday), 74-75.5 (reversal), 78+ (recovery)
Next move from here could be sharp – stay alert.
Silver taking a breather…. or more downside?
byu/harry_jones2001 ininvesting
Posted by harry_jones2001