Silver stalls at $62.13 Fibonacci resistance: Live levels

Silver (SI) is trading at $62.08 on the 4-hour chart, with bulls pressing against key Fibonacci resistance at $62.13. The short-term trend is up, but momentum is stalling at a make-or-break level—setting the stage for either a bullish breakout or a rapid reversal.

Decision Point: Bulls vs. Resistance
Silver’s rally from sub-$56 lows has put buyers back in control short term, as confirmed by a bullish SuperTrend flip at $58.95 and rising momentum (MACD at 0.85 > signal at 0.71). Price sits comfortably above its 20- and 50-period moving averages, reinforcing the uptrend. But here’s the catch: the move is stalling right at the 38.2% Fibonacci retracement ($62.13), which has already triggered a rejection once.

Why does this matter? This is a textbook “decision zone”—a breakout could fuel a run toward the next resistance at $64.11, but a failure here traps late bulls and may see a swift return to the $59–$60 support cluster.