Silver – Weekly Analysis

Has Silver finally started to build a durable bottom—or does it still have unfinished bearish business? In this weekly Silver Technical Analysis, we examine the latest candlestick signals, momentum structure, Elliott Wave paths, and critical support and resistance levels across multiple timeframes. The focus is on whether the recent stabilization is developing into a meaningful recovery—or merely a temporary pause before another downside move. With several scenarios still active, the next technical confirmations could determine whether Silver is preparing to establish a long-term bottom or whether lower targets remain firmly in play. CANDLES: Silver started August with several serious technical warnings. A 100/200 DMA death cross was followed by a bearish monthly MACD crossover, putting the larger structure under clear pressure. The bulls responded immediately, and Silver has likely established at least a mid-term bottom, with the weekly improving and the daily pushing back above the 50 DMA. The recovery,…