Commodities
Silver Consolidation Tests Critical Support Levels Near $64
Silver prices are consolidating near $64.03, as they approach critical support and resistance levels.
The market is in equilibrium following a decline from the recent high of $68.98 and Monday's test of $62.80.
A successful close above $63.98 would activate mean-reversion objectives at $65.15, followed by $66.17.
However, a sustained close below $61.90 could weaken the bullish structure and expose Weekly Buy 2 at $59.94.