Recently, I noticed silver returned to the $80 level, and what happened a few days ago was truly quite interesting. Silver just experienced a massive sell-off — dropping from 82.77 to 73, a decline of over 10% in one move. The cause was a sudden increase in CME margin requirements, forcing highly leveraged investors to liquidate. But what's fascinating is that it rebounded quickly back to 80, indicating real buying interest here.

What caught my attention yesterday was the NFP data. Only 50,000 jobs were added, much lower than expected. When employment is weak but unemployment remains low, the market starts betting that the Fed won't dare keep interest rates high for much longer. Silver, which has no interest rate, suddenly becomes a safe haven. At the same time, gold has been sideways at 4,500, but silver has more industrial applications, especially in the clean energy wave. The gold-to-silver ratio has fallen from 80 to 57, which is quite rare.

The $100 target no longer sounds like a dream. Many whales have started building positions, and the 80 level is the main battleground. If it holds here, the next resistance levels are 85 and 87 — the all-time highs. I’ll be watching to see if 80 becomes a strong support or just a temporary pause. If it drops back to 75, 80, (, the 50-day moving average, ), that would be a really good buying point. But don’t leverage heavily here — the market remains very volatile.