Just noticed silver bouncing back pretty hard from those 15-week lows. XAG/USD is trading around $64.50 now, which is a solid recovery after things got pretty messy earlier this quarter. The metal's showing some real strength lately with the dollar stabilizing and industrial demand holding up.

Technically speaking, there's immediate resistance sitting around $65.00 that everyone's watching. If we break through that convincingly, could see further upside. Support's holding near $62.80 though, so there's a decent trading range forming. Volume picked up during this rebound which is a good sign—not just some weak rally.

The industrial side is still supporting prices. Solar manufacturing, EV production, electronics—all still consuming silver. That's basically half the demand equation right now. Meanwhile Fed policy expectations are shifting, which typically helps precious metals since silver doesn't yield anything. The gold-silver ratio is sitting at normal levels too.

Currency movements matter here obviously. Dollar's been stable lately which actually gives silver room to breathe. That's different from earlier when the dollar was crushing everything. Geopolitical stuff and supply chain concerns are still floating around, but the overall setup looks better than it did a few weeks back.

Worth keeping an eye on whether this holds or if we get rejected at that $65 level. The technical setup is decent but volatility could spike if economic data surprises. Silver price forecasts usually depend heavily on what the Fed does next anyway.