🪙 Silver Market Update — Short Article (Today)
Silver is currently trading in a tight consolidation zone after the recent upward momentum slowed down. Buyers are still active near the support area, showing that demand remains strong and dips are being purchased quickly.
If price holds above the key support level, a fresh bullish move could start soon as market sentiment stays positive due to economic uncertainty and steady industrial demand.
However, a break below support may trigger a short-term pullback before the next major move.
Outlook:
Bias: Slightly Bullish 📈
Strategy: Buy on dips near support
Watch: Breakout above resistance for momentum trade
Silver remains attractive as both a safe-haven and industrial metal — meaning volatility can increase anytime.$USDC
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