🔼Silver bounces higher❗

Looking at the silver chart, one can observe an interesting technical situation. During yesterday's session buyers managed to defend the support zone around $ 26-26.30. During today’s session, sellers took the initiative, however they were unable to break below the aforementioned zone, which resulted in a dynamic rebound. If buyers will manage to uphold momentum until the end of the day, then bullish pin bar formation could appear which could lead to further gains in the following days. On the other hand, if the daily candle closes below $ 26 level, bulls will be in trouble.

Silver interval D1. Source: xStation5

8 October 2026, 12:13 PM

Market Wrap: A 4% surge in oil prices weighs on indices (08.10.2026)

8 October 2026, 6:50 AM

Morning wrap: Wall Street and precious metals attempt to stabilize as oil gains nearly 2%

7 October 2026, 7:20 PM

Daily summary: Wall Street recovers losses despite a surge in yields 🗽 Gold and silver retreat

7 October 2026, 3:40 PM

Large decline in crude inventories 🛢️📉

Commodities

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