This Silver technical analysis combines price action, VWAP behavior, and proprietary orderFlow Intel decision support to assess whether the recent consolidation is a pause before continuation or a warning sign of trend exhaustion.
While many traders focus only on candles and indicators, orderFlow Intel looks beneath the surface, helping identify whether buying and selling pressure is actually effective. In silver’s case, the underlying dynamics point to buyer control rather than distribution. The following utilized advanced order flow analysis and you can also see my previous long term silver analysis for my opinion on long term targets. I might be wrong so treat is an opinion and do your own research. Only you are responsible for your trading and investing decisions, please treat anything you read on investingLive for educational purposes only. Other trade ideas for 2026? See a summary of Barron's opinion here. For now, Silver bulls are still looking good, according to the following analysis.
Silver price action shows acceptance, not rejection
Silver futures built an important base earlier this month near $59.20 to $59.30, which coincided with a prior value area low. Once price moved higher from that zone, it never returned to test it again. That behavior often signals strong demand and early accumulation.
As silver pushed into the low $60s, the market began forming value above $60.90, a prior point of control. During the sharp selloff on December 12, price dropped quickly but stalled near $61.00 to $61.05, printing a higher value area low rather than breaking into older value zones. The rebound from that area was fast and decisive.
This pattern is typical of long liquidation rather than the start of a sustained bearish trend.
Silver futures VWAP analysis highlights institutional reference levels
VWAP behavior adds another important layer to this Silver technical analysis.
Key observations include:
VWAPs from December 11 and December 12 converged near $63.20, creating a strong reference zone.
Recent pullbacks respected VWAP or the first lower VWAP deviation around $62.90 to $63.00.
The current session value area low is near $63.25, which sits above the prior VWAP cluster.
When price holds above overlapping VWAPs from multiple sessions, it often reflects institutional positioning rather than short-term speculation. This is especially relevant when pullbacks are shallow and quickly defended.
What orderFlow Intel reveals beneath the chart
Traditional charts show where price moved. OrderFlow Intel helps explain why it moved and whether that move is likely to persist.
Recent data shows several important dynamics:
Selling pressure increased during the December 12 drop, but it failed to generate sustained downside follow-through.
As price stabilized, buyer participation became more efficient, meaning silver moved higher without requiring outsized volume.
During the latest session, activity increased near $63.80 to $64.00, yet sellers were unable to force acceptance below VWAP support.
This combination suggests absorption of selling rather than distribution. In many market tops, volume rises while progress slows. Here, price continues to make progress with relatively controlled participation, which is a constructive signal.
Key resistance and support levels for Silver futures
Silver is currently consolidating just below a notable prior value area high near $64.15. This level represents a natural decision zone where profit-taking and new positioning often occur.
Levels to monitor:
Resistance: $64.15. Sustained acceptance above this level would favor further value expansion.
Support: $63.20 to $63.25. This VWAP and value area cluster is critical for maintaining the bullish structure.
How silver behaves around these zones matters more than short-term intraday fluctuations.
OrderFlow Intel prediction score
Bullish bias score: +7 (max bullish score is 10)
This score reflects a constructive outlook supported by:
Higher value area lows following liquidation
Consistent defense of VWAP and deviation levels
Improving efficiency of buying pressure on pullbacks
The score is not extreme, as silver has not yet confirmed a clean breakout above $64.15, but it indicates a favorable risk environment for the bullish case.
What would change the Silver outlook
The bullish Silver technical analysis would need reassessment if:
Price sustains below the $63.20 VWAP cluster
Downside momentum expands rather than stabilizing quickly
Pullbacks begin to show deeper acceptance into prior value areas
Until then, the underlying structure remains supportive.
Silver technical analysis takeaway
Silver is not behaving like a market rolling over. Price action, VWAP structure, and orderFlow Intel all point to buyers defending higher value and managing pullbacks with discipline. This is the type of environment where breakouts tend to emerge from consolidation rather than sharp reversals.
OrderFlow Intel does not predict markets. It provides decision support by highlighting whether buying and selling pressure is effective or being absorbed. In silver’s case, the evidence currently favors continuation rather than exhaustion.
This analysis is for educational and informational purposes only. Traders and investors should conduct their own research and manage risk according to their strategy.