Silver Price Slides Towards Key Technical Level Amid Momentum Fade
The silver market is experiencing a pullback towards its 100-day simple moving average (SMA) of $30.50, as of February 14, 2026, following a recent rally that stalled in momentum. This technical indicator has historically been a pivot point for traders, and a break below it could signal a shift to further downside.
The pullback is occurring against the backdrop of a stronger US dollar and rising Treasury yields, which tend to pressure non-yielding assets like silver. The Relative Strength Index (RSI) on the daily chart has slipped below 50, indicating bearish momentum building.
A decisive break below the 100-day SMA could trigger stop-loss orders and accelerate selling, while a bounce from this level might attract buyers looking for value entry. Traders should closely monitor this key technical level as it sets the tone for the next leg of the market.