SILVER / 7D high update
Sep 17, 12:39
SILVER Posts New 7‑Day High While Still Below 30‑Day Resistance
SILVER reached a new 7‑day high of 65.592, up from the prior 7‑day peak of 65.425. The move represents a modest 0.26% gain, reclaiming short‑term momentum but still sitting 8.5% beneath the 30‑day high of 71.158. This suggests a short‑term bounce within a broader continuation of the downtrend.
Old 7D high
65.425
New 7D high
65.592
Move
0.26%
30D / YTD
71.158 / 97.76
What changed
- Price broke above the prior 7‑day high, setting a new short‑term peak.
- The gain was modest at ~0.26%, leaving SILVER still below its 30‑day resistance.
- Market structure shows a short‑term reclaim within a longer‑term continuation bias.