Silver

Key insight

65.08 sits in a consolidation band between $64.00 support and $67.50 resistance — a hold above $64 keeps the bull trend alive; a close below flips short-term bias bearish.

Holds above $64.00 key round support after -1.1% pullback; gold/silver ratio and industrial demand keep long-term structure intact despite today's risk-off equity drag.

Main risk

USD/JPY at 159.6 — yen weakness risk

Broad dollar resilience at USD/JPY 159.6 caps commodity upside; a DXY spike above 102 would pressure silver toward $63.50.