- June 18, 2026
- Posted by: EWGFX
- Category: news
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Silver traded at $68.91 per ounce on Thursday, June 18, 2026, up 1.5% on the day and back above the 200 EMA it had broken just one week earlier. The reclaim reverses the bearish signal that defined my last analysis and drops price back inside the $66 to $89 consolidation that has framed the white metal since February.
Wednesday’s near 3% drop, triggered by a hawkish Federal Reserve, found a floor almost exactly at the moving average that matters most.
The setup now is simple. Silver sits at the bottom of a range it has refused to leave for four months, and the next directional clue is the 50 EMA at $74. Until that level breaks, very little has changed on the chart since February.