Silver
BearishArchived analysis from Aug 18, 2026, 8:27 PM
Key insight
$65 round number lost intraday — break confirms bearish momentum; next named support is 61.8% Fib retracement near $61.80. Hold below $65 keeps bears in control into FOMC minutes.
Down 3.45% to $63.52, underperforming Gold's -1.7% drop — Gold/Silver ratio widening signals industrial demand fears overriding safe-haven bid; $65 round number now flipped to resistance.
Main risk
Gold/Silver Ratio Spike
Ratio widening sharply as Silver falls 2x Gold's pace — signals industrial demand stress, not just precious-metal liquidation. Watch $61.80 Fib.
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