“Silver hits resistance barrier – Analysis – 04-12-2025”

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Silver settled higher in its latest intraday trading as it attempts to breach the strong $58.80 resistance. The rise is supported by trading above the EMA50, which provides dynamic support and reinforces the stability and dominance of the main bullish trend. The price is also moving along both major and minor trendlines, further confirming the short-term bullish structure.

Additionally, positive overlapping signals have emerged on the relative strength indicators after alleviating overbought conditions, paving the way for potential new all-time highs in the near term.

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