Selling silver once $77.5 support is breached

As of March 18, 2026, silver and gold continue to move in lockstep, though stronger industrial demand and lower liquidity make the white metal more volatile. Two dominant forces are currently shaping the market. Let’s take a closer look.

Safe-haven demand. Geopolitical jitters in the Middle East, coupled with crude prices holding above $100, are now pushing investors toward precious metals. Interestingly, silver tends to chase gold in explosive waves of growth.

Fed policy signals. Market attention is glued to today’s Federal Reserve meeting. If officials strike a more hawkish chord in response to stubborn inflation, silver prices could retreat to $70. On the flip side, a dovish tilt might open the door to new highs.

It’s worth remembering that in 2026, fundamental factors will support the asset more than ever. For the fifth consecutive year, the silver market has suffered from a structural supply deficit. Current extraction volumes in Mexico and Peru—two of the largest producers—have failed to keep pace with surging demand. The world needs solar panels and electric vehicles, and these sectors, in turn, need silver. Together, they have consumed a record amount of the metal since the start of 2026, marking its industrial difference from gold.

At the same time, the gold-to-silver ratio remains elevated, indicating that the second asset appears undervalued relative to the first one. If inflationary pressures persist, silver could deliver a higher rate of return than bullion.

From a technical perspective, the daily chart has just etched a clean horizontal line at $77.5. Once this support gives way, prices are likely to target $73.0 next.

The final recommendation is to sell silver once the $77.5 level is breached. Profits should be taken at $73.0. Stop Loss could be set at $84.0.

The volume of the open position should be calculated so that the potential loss (protected by a Stop Loss order) does not exceed 1% of your deposit. If your account balance does not allow opening a position of this size, it is better to avoid entering the market on this signal and wait for other trade options that meet low-risk criteria.