Silver Price Stuck in Range as Bulls Target Break Above $70.00

The silver price is currently stuck in a tight range as bulls try to break above the $70.00 resistance level, but technical indicators are mixed.

Silver has shown resilience recently due to firm industrial demand and a softer US dollar, but upside momentum has stalled.

A sustained move above $70.00 could open the door towards the next resistance zone near $72.50, while failure to break higher may lead to a pullback toward the $68.00 support area.

The 14-day Relative Strength Index (RSI) is hovering near 55, indicating neutral momentum without overbought conditions, leaving room for further gains if buying pressure returns.