Silver

Bearish

Archived analysis from Aug 28, 2026, 9:01 PM

Key insight

$66.39 holds above $65.00 round-number support, but -4.15% daily loss with gold down 3.1% and dollar up flags a broad precious-metals selloff; next pivot is $63.80 Fib 38.2% if $65 fails.

Drops 4.15% to $66.39 — gold also -3.1%, BTC -3.2%, signalling broad risk-off unwind; XAG breaches key $67.50 support and trades below its 20-day MA.

Main risk

USD Strength / Risk-Off Unwind

EUR/USD -0.6% to 1.1586, USD/JPY +0.4% to 160.1 — dollar bid weighs on all dollar-priced metals simultaneously.

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