Silver Surpasses $70.40 5‑Hour Resistance, Eyes New Targets

Spot silver has just broken through the $70.40 resistance level on the 5‑hour chart, signaling a potential bullish trend. The metal climbed to $70.45 per ounce before settling around $70.38, clearing the key barrier that had held it for several weeks. Analysts note that the move could pave the way for further upside, with short‑term support near $69.80 and a possible target near $72.00. Traders will watch the 5‑hour chart closely for confirmation of a sustained rally.