Silver has pulled back after testing the critical $54.50 resistance — a level that has repeatedly attracted sellers, creating a potential multiple-top structure.
The broader trend remains bullish, and buyers are still showing interest. Dips toward $53.00 could act as a “buy-the-dip” zone. However, failure to break above $54.50 keeps silver vulnerable to a short-term correction.
A clean breakout above $54.50 is needed to unlock the next leg higher. If price slips below $52.65, the risk of a deeper pullback increases.
🔑 Key Levels:
Resistance: $54.50
Support: $53.00 → $52.65
For more - https://t.co/AiId9mBpGy
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