Silver has broken below a symmetrical triangle pattern and retested the structure, placing the market at a crucial decision zone.
Price is currently trading below 71.50, a strong resistance level that previously acted as support.
📉 Market Structure
• Pattern → Triangle Breakdown
• Current Phase → Retest
• Momentum → Neutral
• Bias → Bearish unless breakout occurs
🔴 Resistance Levels
71.50 → Key pivot level
78.75 → Fibonacci 0.618 target
83.00 → Fibonacci 0.50 resistance
🟢 Support Levels
64.00 → First downside target
61.00 → Major support zone
60.97 → Liquidity low
📌 Conclusion
Silver is currently at a high-impact decision level, where 71.50 will determine the next major directional move.
Break above → Bullish continuation
Rejection → Bearish continuation
For more info visit : https://t.co/ELFbqwE38H
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