Silver in steep downtrend with bearish engulfing: Live levels

Silver (SI) is trading at $67.34 on the 1-hour chart, deep in a high-volatility downtrend with a fresh bearish engulfing candle confirming momentum. Bulls are seeing oversold signals, but the technical deck remains stacked for bears—unless $66.30 holds as a hard floor, expect more pressure below.

Bearish Bias: The trend is relentless—confirmed by an ADX of 61.6 (extreme!), a bearish SuperTrend at $69.44, and price far below the Ichimoku Cloud. The most recent 1-hour candlestick is a bearish engulfing at $67.91 (June 8), signaling bears remain in control.
Key Support: $66.30 is the make-or-break level for bulls. A break here opens the door to a swift move toward $65 and possibly lower.
Bear Flag Watch: The current consolidation is forming a potential bear flag (15% complete)—if this breaks down, expect acceleration.