How Verified Investing’s view on $SLV changed

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2026-09-17
“Yields Pull Back as AI Server Forecast Sparks Semiconductor Rally”
SLV near-term downside ruled out; failed head and shoulders break; resistance at $67 and $0.99.

A similar story applies here to silver. We had the potential to break the head and shoulders pattern , but we didn't get away from it. We were at a lower one day, a higher one day, and a lower the following day, all within the range of the first candle, and we did not push ourselves down to the support level.

2026-09-11Bearish
“Yields Reverse Early Fall, 5% Nears With Fed Hike Locked, Oil Drops As Markets Rally”
SLV needs to hold 6375; breaking this level signals a drop to recent lows.

Same thing for silver. Silver was able to get a small gain and save itself today breaking back or holding this trend line. But again, same thing, shoulder, head and shoulder. You got to hold the 6375 level on silver.

All right. And again, if these two levels break on gold and silver, the calculated target is basically back to their recent lows from earlier this year. So, you're talking about a significant move to the downside should these names break these levels.

Direction flip
2026-08-25Bullish
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