19:05 UTC
Parabolic uptrend reversed, sharp decline · RSI 44 · price 67.075
Lower highs since the Q1 blow-off peak.
Silver's explosive 2025 rally from $28.74 climaxed near $121 in Q1 and has since reversed hard — a textbook blow-off top followed by lower highs over the past quarter. Price now sits at $67 after last week swept the $61.49 ytd low and closed back up, leaving a long lower wick; the weekly EMA(50) is still rising and price hovers just above it. The mid-$67 zone aligns with the digest's pivot and the $69.00 resistance caps the rebound.
Support: 61.49
Resistance: 69.00, 79.93
What it said to watch
- Weekly close below 61.49 confirms a lower low and extends the reversal
- Acceptance above 69.00 reopens the path toward the 79.93 prior high
- FOMC dot plot Jun 17 is the dominant catalyst into the next bar