Will Silver Hold Above Its Critical Support Level?

Written on 08/13/2026
Andrew Hecht

At $66 per ounce, silver is trading over $55 below its late January 2026 high. The parabolic rally in 2025 and early 2026 turned into an implosive correction that is threatening to test the critical long-term technical support level.Silver bullion by SonerCdem via iStock