Silver / U.S. Dollar (per 0.1) forum
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Silver Consolidates After Hitting Multi-Year High
Silver holds near $36.75 in Thursday’s Asian session, steady after a slight pullback from its highest level since February 2012. The trend remains bullish, suggesting more upside. A sustained move above $36.45–$36.50 confirmed a breakout from a descending channel, forming a bullish flag. The RSI has eased from overbought, and momentum indicators support a positive near-term outlook.
The first resistance is seen at 37.50, while the support starts at 35.40.

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