Silver
BearishArchived analysis from Sep 28, 2026, 4:11 AM
Key insight
$62.04 loses key $63 support on heavy selling; next structural floor at $59.50 (200-day MA). Gold's 2% drop drags silver harder — ratio expansion warns longs to step aside.
Down 3.46% to $62.04 as gold drops 2.0% — gold/silver ratio widening signals risk-off rotation. Break below $63 support confirms near-term downtrend.
Main risk
Gold-Silver Ratio Spike
Ratio widening sharply as silver underperforms gold by 1.5% today — break below $60 opens flush to $56 swing low.
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