The current Silver structure shows a strong impulsive recovery followed by a controlled retracement. Price remains inside a descending channel after testing the 64.00–64.50 region.

The lower part of the projected structure comes around 62.20–62.60, which can act as an important short-term decision area.

A move back above 63.50 would improve the short-term bullish structure, while a sustained move toward 64.00 could expose the next resistance levels at 64.50 and 65.00.

Key Resistance: 64.00 / 64.50 / 65.00 / 65.50
Key Support: 62.20–62.60 / 60.60–61.00
Major Demand Area: Around 59.20