Shafaqna English– Since silver prices plunged sharply in January and fell again when the Iran war began, they have faced difficulties. However, technical analysis indicates that a recovery may be underway.
Silver has managed to move back above two key downtrend lines over the last six weeks. Downtrend lines are diagonal lines linking highs to define a trend. When prices rise above such a line, it suggests the bearish trend is fading.
Source: Reuters