Silver – Weekly Analysis

Silver made a major move on Thursday, recording a new lower low — and then extended that move with another lower low on Friday. With the metal now down roughly 55% from its all-time high, the question becomes increasingly important: is this a generational buying opportunity, or is it still too early to make that call? The answer depends on whether Silver is finally preparing to build a durable bottom, or whether the current structure still has unfinished bearish business before a larger recovery can begin. After such a deep decline, even small reversal signals can attract attention — but the larger technical map still needs confirmation. In this weekly Silver technical analysis, we examine the metal through its underlying technical forces, evolving risk profile, Elliott Wave structure, and key inflection points. The goal is to determine whether Silver is preparing for a meaningful recovery, or whether additional downside targets…