Silver is clinging to a support zone between $57 and $60 — and CMC Markets warns the floor may be about to give way. A break below $60 opens the door to $57, with $53–$54 next if that fails.
The technical picture is ugly: RSI sits at 40 and falling, silver trades below its 10-day and 50-day moving averages, and a strengthening dollar (with EUR/USD sliding toward 1.10) keeps piling on pressure.
