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ISby u/ishaan_shah·5hAnalysis

Thoughts on Silver's Rebound Off Key Support

Watching $SI today with that strong move off the lows, particularly after hitting that 20.70 area yesterday. It bounced hard, and now we're seeing follow-through around 23.26. I'm curious if this marks a more sustained reversal or if we're just seeing a strong relief rally within a broader range. For me, if we can consolidate above 22.50 in the coming sessions, that would give more credence to a push towards 24.50, maybe even 25.00. The risk to that idea, obviously, would be a swift rejection back below 22.00, which would suggest this pop was likely just short covering. Anyone else seeing similar levels or considering other scenarios for silver right now?

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