Silver Forecast for May 12, 2026
Silver reached a major resistance level, from which the decline began. A large call spread is located here, likely triggering delta hedging.
Right now, I’m watching the 1/2 area: 82.13–82.60.
Below the 1/2 margin zone from the high, it’s also worth noting the 80.80 area, where there is a balanced flow long and a put spread, which could act as a strong liquidity and sell-off absorption level.