Weekly TA: Silver rejected $80, closed at ~75.73 20/ DMA — inside candle, GSR at 62, next leg up will be glorious 💀👀

Hey fellow degens 🦍 — weekly TA recap on silver futures. Not financial advice, just charts and levels. We all know any news can change up or down direction violently…

📊 WEEKLY CANDLE

We closed the week with a small red candle on low volume. Despite the bear flag vibes, Friday’s final push created what I read as an inside candle/hammer hybrid on the weekly. Too early to call this a confirmed bear flag breakdown — but it raises my eyebrow and puts support targets on deck.

The weekly 20MA is still above the 8 EMA. I’m waiting for a bullish cross of the faster 8 WEMA back over the 20 MA to confirm the next leg up is ignited.

🔴 RESISTANCE LEVELS

$77.05 — weekly resistance & 8 DEMA $78.70 — 50 DMA & 100 DMA cluster $80–$82 — major psychological & technical ceiling (rejected here this week) $83.45 — next target above on breakout, last week’s high.

🟢 SUPPORT LEVELS

$75.73 — very important 20 DMA (~held this week ✅ doji daily close candle right at it) $75.00 — round number support lol has been~ $68–$72 — main recent support zone / Golden Pocket, $70 strong level $65.00 — 200 DEMA (the 200 DEMA bounced us on 3/23) $57.07 / $55.00 — lowest targets, end of correction zone

📉 GOLD/SILVER RATIO (GSR)

GSR sitting at 62.26 — bear flagging/pennant on the chart. I’m watching for a break below 60 to confirm the next major bull run in gold AND silver. When that breaks it’s game on. 💀

💵 DXY

Last week we hit my H&S target low and bounced. Now bear flagging again — today’s close suggests we go lower. A break below 98.30 is good for metals. Dollar weakness = metals strength. Watching closely.

🎯 SUMMARY

$80 rejected. 20 DMA held. Inside candle on the weekly. GSR coiling below 60. DXY rolling over.

The structure is intact. The correction may not be over but the floor keeps rising. When the 8 WEMA crosses back over the 20 on the weekly — next leg up will be glorious. 👀💀

Not financial advice. Stack responsibly. 🦍