Silver Drops 15% in a Month as Bearish Trend Persists

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June 11, 2026 – The price of silver has fallen by about 15% in the last month due to consistent selling and the continued downward trend of the precious metal.

The price action is still weak, with sellers controlling the market while silver attempts to retest its resistance levels.

Technical Indicators Point to Continued Weakness

Technical bias continues to be bearish, with trend indicators still pointing towards negative momentum.

Silver is currently trading below crucial levels of resistance, and trend strength measures indicate that the ongoing bear trend is still intact.

Oversold Conditions Raise Rebound Potential

Despite the oversold situation that appears on the momentum indicators, there has not been any formation of a trend change.

This suggests the possibility of a short-term rebound or consolidation, although the broader bearish trend remains intact.

Traders Watch Key Support Levels

Market players are paying close attention to support zones to determine any form of stabilization following the drop.

Any form of prolonged recovery would see the silver breaking through key resistance zones, whereas another leg lower may follow should the support zones give way.