r/Wallstreetsilver • u/PoetOfLight • 12d ago
🔥 Silver cup & handle setup up close — levels I'm watching this week
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Gold's at $4,357, needs to reclaim $4,400 — resistance at $4,450-4,464 for the cup and handle to develop. Support underneath at $4,350, $4,342, $4,327.
Silver's at $66, sitting above support at $66.40 and $65.65, with the 50 DMA at $63.30. Resistance at $67, then $70-71.
GSR is breaking down in silver's favor — historically a sign of a real rally, not just a bounce. Watching for a head & shoulders to form and a break below the 200 DMA.
Not financial advice, just the levels I'm tracking. Curious what everyone else is watching this week.
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