Silver Price Hits Make-or-Break Zone at $65-$67.58
The silver price has reached a critical juncture as it approaches the $65 to $67.58 range on the XAGUSD chart, according to technical analysis.
This zone is crucial in determining whether the recent bounce will continue or stall.
A breakdown below this range would leave silver in a broader channel, while a sustained move through it could change the short-term structure of the market.
The charts indicate that buyers responded to a liquidity sweep by price sweeping below an earlier demand area, and now the metal is recovering.
Intraday volatility data suggests that silver often experiences its greatest price swings during significant global markets' open, including the US session.