Silver just suffered a sharp and sudden selloff, dropping from a recent high near $83.9 to around $70.6, marking a steep decline of roughly $13 in a single session.
This move represents one of the most aggressive reversals the silver market has seen in recent times, effectively erasing the gains built over the previous two days.
🔸 After momentum peaked near $83.9, buying interest quickly dried up, signaling exhaustion at the top.
🔹 Selling pressure then took control, sending prices sharply lower. At the time of writing, silver was trading near $70.9, reflecting a rapid and decisive breakdown.
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