Silver

Bullish

Archived analysis from Aug 10, 2026, 3:35 AM

Key insight

$65.05 Aug 7 high is immediate resistance; hold above $62 swing low confirms bull flag for $68–$70 run

Pulled back to $63.56 after spiking $65.05 on weak NFP; industrial demand & Fed pivot thesis intact

Main risk

Hormuz de-escalation / risk-off reversal

Geopolitical premium collapses if Hormuz talks succeed — silver loses safe-haven bid near $60

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