Silver Price Stuck Between Resistance and Downside Risk

Silver prices are experiencing some intraday buying support, but it remains to be seen if they can break through resistance levels. As of now, silver is trading at $67.05, up 1.35% on the day and closing near its session high.

The asset is currently positioned above its short-term moving averages but remains capped by longer-term trend measures.

Despite some intraday strength, technical signals point to seller pressure with a 64% chance of a move below near-term support at $65.85 in the next two to three days.