Silver

Key insight

$67.86 sits in no-man's land: $68 round-number/prior swing resistance above, 50-day MA near $65.50 below. Break either way sets the next $4–5 move. Today's underperformance vs gold is a short-term caution flag.

Pulls back 1.56% to $67.86 while gold slips 0.4% to $4,635 — gold/silver ratio widening warns silver losing relative momentum at key $68 round-number resistance.

Main risk

Gold/Silver Ratio Widening

Gold fell 0.4% but silver fell 1.56% — ratio expansion signals industrial demand concern; break below $66.80 would confirm silver underperformance.