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Silver's showing renewed strength after shaking off recent weakness. The precious metal has reclaimed the $80 zone with notable conviction, and the momentum tells an interesting story.
What caught traders' attention was how aggressively buying pressure kicked in at lower levels. Instead of rolling over into a deeper correction, the price action flipped the script—establishing a higher-low formation that suggests real dip demand is at work.
The short-term chart is painting a picture of buyers stepping up consistently. That kind of resilience at support levels usually means two things: either smart money's accumulating on dips, or there's genuine demand preventing further downside. Either way, the structure remains constructive for now.