Silver SILVER technical analysis

Silver trades at $66.166, down 1.21% in 24 hours, with mixed daily momentum as RSI14 sits at 52 on the 1D and 63 on the 4h, against a 4h SMA20 of 66.155. Price is hovering just above its 4h SMA20 and near daily support.

The immediate battle is around the 66.175-66.98 support zone on the 4h, which has seen six touches, while daily support at 66.5498-66.7502 has only one touch. Resistance above spans 67.385-68.42 with eight touches on the 4h, aligning with daily resistance at 67.1298-67.3302.

Bulls need to hold above the 66.175-66.98 zone and reclaim the 4h SMA20 at 66.155 to push toward the 67.385-68.42 resistance. Bears need a sustained break below 66.175 to target lower supports at 65.6548-65.8552 and 65.1798-65.3802.