Silver

Key insight

$67.00 round-number resistance caps the rally; break above opens $70.50 (2026 swing high). Below $64.80 (50-day MA), momentum flips bearish and $61.50 comes into play.

Stalling at $66.69 with Gold down 1.1% and equities soft — Silver's dual role as safe-haven and industrial metal creates conflicting signals near the key $67 round-number resistance.

Main risk

Gold-Silver ratio dislocation

Gold drops 1.1% while Silver -0.5% — ratio compression signals Silver's industrial bid fading faster than safe-haven demand.