Silver Chart Analysis: Two-month Downtrend Ended – Recapture of Long-term Uptrend Line Underway - Shanghai Metals Market (SMM)

Technical trend reversal: silver recaptured long-term uptrend line, broke through red downtrend line, moved above 100-day line and long-term green uptrend line; MACD buy signal remained valid; price is currently hitting a gray resistance line Perigon signal context: impact positive, driver market specific.