Some analysts see room for continued upside: as long as #silver stays above ~$57.60–$58.10 support levels, the short-term trend remains bullish.
On the upside, a move toward $59.00–$60.00/oz is plausible if demand remains strong and investors stay confident in a Fed-rate cut scenario.
But if #silvertrader breaks below the support zone, there’s risk of a deeper pullback — perhaps toward $56.50/oz.
For physical silver buyers (bars, coins) or holders of silver-backed #ETFs. s/futures: the recent volatility means timing matters. Entry now may carry elevated risk if a correction occurs.