Finance
Silver seen at $100; options turn bullish, futures market still cautious
Silver is entering a technical breakout zone around $77 an ounce, raising the possibility of a triple-digit price. An analysis cited by BeInCrypto pointed to a cup pattern on the 12-hour chart and potential upside. The move is linked to a post-ceasefire drop in oil and a weaker dollar index. Options indicators show stronger call buying, while futures spreads remain in contango, suggesting limited urgency for physical delivery.
