- June 25, 2026
- Posted by: EWGFX
- Category: Technical analysis
No Comments
Sometimes the simplest technical tools work best.
Silver is testing a major horizontal support from 2025. At the same time, RSI is holding a higher low while price revisits support, creating a mild bullish divergence. This is also the third bounce from the trendline that could form the lower boundary of a potential Falling Wedge.
A small speculative long is worth considering here. If silver loses $55, the bullish thesis largely breaks down and this setup loses its edge.