Silver has had a turbulent beginning to 2026, initially surging close to $121 before experiencing a sharp decline and subsequently recovering to $84. According to NS3.AI, current technical indicators point towards a potential consolidation phase, with prices likely to fluctuate between $75 and $92 before a significant movement occurs. Key bullish factors include the strength of miners, urgent physical demand, and substantial potential for institutional buying. However, caution is advised due to certain divergences and the gold-silver ratio.
