Silver’s close below its 200-day moving average at $67.26 signals a bearish shift, with sellers gaining control for the first time since April 2025.
Silver fell below its 200-day moving average at $67.26, a key technical level, for the first time since April 2025. The breach shifts market bias toward sellers, with the moving average now acting as resistance.
The metal briefly dipped to $63.38, below the 61.8% retracement level of $63.98 from its April 2025 rally, before rebounding to $64.76. A sustained break below $61.02 could target deeper support near $54.46.
While buyers emerged today, the overall trend remains bearish as long as prices stay below $67.26. A confirmed break below $61.02 would further weaken the technical outlook.