Solid breakdown of the current SLV structure. Your point about silver’s supply inelasticity—being a byproduct of other metals—is a crucial macro factor that many retail investors overlook when looking at these support levels. It makes the defense of the 65.5 zone even more significant as we look for that structural repair.
Do you think we need a clear shift in real yields to finally reclaim the 71–73 resistance band, or can physical industrial demand alone provide enough tailwind to break through?
I think industrial demand can defend the floor. That likely helped hold 65.5.
But reclaiming 71+ typically requires capital flows, not just commercial demand. A sustained drop in real yields or a weaker USD is what unlocks durable upside.
Solid breakdown of the current SLV structure. Your point about silver’s supply inelasticity—being a byproduct of other metals—is a crucial macro factor that many retail investors overlook when looking at these support levels. It makes the defense of the 65.5 zone even more significant as we look for that structural repair.
Do you think we need a clear shift in real yields to finally reclaim the 71–73 resistance band, or can physical industrial demand alone provide enough tailwind to break through?
I think industrial demand can defend the floor. That likely helped hold 65.5.
But reclaiming 71+ typically requires capital flows, not just commercial demand. A sustained drop in real yields or a weaker USD is what unlocks durable upside.