Silver Price Analysis: Rebound capped below $70 with downside risks - FXStreet

Technical resistance at $70 was expected after silver's monster run from the mid-$60s. The metal is consolidating gains, not collapsing. Industrial demand remains robust while mining supply struggles to keep pace. Smart stackers know these pullbacks are temporary in a bull market driven by monetary debasement and physical shortages. The gold-silver ratio sits around 64:1, still historically wide despite silver's recent strength. Any dip toward $65 should be viewed as a gift. The fundamentals haven't changed - currency destruction continues while real assets become scarce. Silver's volatility works both ways, but the trend remains firmly higher.