Industrial Demand vs. Profit Taking

Silver's retreat from its April peak of $83.25 is being characterized as a healthy correction. Physical demand for solar paste remains the dominant floor, with exchange-held inventories at five-year lows preventing a deeper technical collapse.

Technical Target Range

A break below $74.21 would open the door to $69.63, a level that has shown strong structural significance in 2026. However, if diplomacy fails, technicians expect a rapid return to the $80 level.