$SILVER Technical Analysis Summary (as of May 20, 2026)
Based on the daily chart, $SILVER is trading at $73.71, down $0.14 (-0.19%) with a bid/ask spread of $73.71/$73.80.
$SILVER is in a long-term uptrend but remains in a short-term corrective/consolidation phase after the earlier rally toward the $95 zone.
Price is trading in a relatively tight range with mixed candles, holding above lower moving averages while showing minor selling pressure today. The broader bullish structure is still intact.
Support levels are at $70.67, $67.66, $64.24, $62.62, $60.91, and $56.91 with resistance near $75.84 and $77.62.
The RSI (14) at 43.45 suggests neutral to slightly oversold momentum.
Monitor for a breakout above $75.84 for continued upside or a drop below $70.67 for downside pressure.
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Not investment advice. The author may have financial interests in the mentioned instruments.
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Sun Jul 12 2026 21:15:46 GMT+0000 (Coordinated Universal Time)
