Thoughts on Silver's Recent Pop and Next Steps

Watching $SI closely after that significant move today. We saw it rip through to touch 21.01 before settling a bit lower. For me, the key question now is whether this is the start of something more sustained or a bit of a relief rally that will get faded. I'm looking at the 20.50-20.70 area as crucial support if we see a retest. If it holds, especially after such a strong intraday push, then a re-challenge of today's highs and potentially pushing towards 21.50 becomes a realistic scenario. However, a decisive close back below 20.00, particularly if we can't find buyers there, would invalidate that more bullish short-term outlook for me and suggest we're still in a chop zone, maybe even looking back towards the 19.50 range. It's a tricky one to call with conviction right now, but the setup around 20.50 feels like a good tell.