Silver nears $63.92 support amid bearish momentum

Silver prices tested $63.92 on September 14, 2026, aligning with the 200-period simple moving average (SMA) as traders assess the risk of a bearish reversal. The metal’s futures settled at $63.915, marking a 1.95% decline from prior levels, while the current 5-hour chart price stood at $64.03. Volume-weighted average price (VWAP) sat at $63.58, underscoring a bearish bias despite a relative strength index (RSI) of 41.93, indicating short-term oversold conditions. Technical indicators suggest the head-and-shoulders breakdown pattern remains 60% complete, raising concerns of further downside pressure if support fails below $63.08.